Online Poker Giant Ladbrokes Floats Financial Results

Ladbrokes PLC, the company that owns Ladbrokes betting and gaming outlets, recently announced interim financial results to the London Stock Exchange. Analysts reviewing the data say that overall the numbers look healthy, but there are some signs that Ladbrokes exponential growth in recent years could have some adverse effects on the outfit. Ladbrokes itself highlights the increased competition, particularly in Sweden with the launch of their state lottery poker site…

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Fri, August 25th, 2006

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Useful poker terms:

  • FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
  • 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.
  • FORCED BET - In some stud games a player may be required to make a bet to start the action on the first card. This is similar conceptually to blinds and antes, but in this case is dependent on the cards shown rather than player position. Usually the weakest hand is forced to bet.
  • 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.
  • SIXTH STREET - The sixth card dealt in 7-card stud.
  • TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
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