Huge Turnout at World’s Biggest Poker Event Open to Interpretation

Three years ago the Main Event at 34th annual World Series of Poker was a record breaker, with over 850 players putting down $10,000 to take a shot at the most coveted title in poker. About 30 years before that, in 1970, 38 players made the entire field of the Main Event. This year the growth has been explosive and exponential with more than 8,700 players taking a shot at the poker big-time…

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Mon, August 7th, 2006

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Poker slang:

  • READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
  • OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
  • ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
  • SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
  • IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
  • REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.
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