Plenty to sweat on as T3 poker game starts
A game of poker between those charged with offloading $8 billion worth of Telstra shares for the Federal Government and the investors they are targeting will now be played out in the sharemarket. -
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Poker talk:
- SCOOP - To take all of a pot that is normally split, either by winning both halves outright or winning one half when no players qualify for the other half.
- OMAHA - A variant of Hold'em where each player receives 4 hole cards and must use exactly two of them (together with 3 of 5 board cards) to make a hand. Often played high-low split with an 8 qualifier for low.
- LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
- MARKED CARDS - Cards that have been (illegally) altered so that their value can be read from the back.
- PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
- SET - In Hold'em, three of a kind where two of the cards are hole cards.
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