2006 WSOP: Day Two of the World Series of Poker Starts at Noon

Even though the Main Event of the 37th annual World Series of Poker started on July 28th and has been running each day since then, August 1 is officially the second day of the event. Due to the more than 8000 players who signed up, each paying $10,000 to participate in this big show of poker, the first day of the event was split up over for physical days. Now those days have wrapped up, today is Day 2A, where the survivors from Day 1A and Day 1B will come together and battle it out until only a few hundred remain…

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Poker glossary:

• STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
• ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
• WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
• SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
• PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
• OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".