Poker Software Company Profits Through the Roof

Last year Internet gaming software company Playtech announced that their poker software had generated $500,000 in revenue. This year, poker revenues have skyrocketed up 851%, pushing the revenue generated by Playtech poker software to $4.8 million. There are over 40 online gambling sites that use Playtech software, including casino and bingo sites and online poker giants like Noble Poker and Titan Poker…

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Useful poker terms:

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".
ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
FAMILY POT - A pot where all of the players at the table are participating, even after each has had an opportunity to act.
LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
GUT SHOT - A draw to an inside straight, as in 2-3-4-6.

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