WSOP Main Event 6th Place Finisher Richard Lee Under Investigation For Bookmaking

On Tuesday night, San Antonio police raided the home of Richard Lee, who made the final table at the recently completed 2006 WSOP Main Event.

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Wed, August 30th, 2006

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Poker jargon:

  • UNDER THE GUN - The position that has to act first in a round of betting.
  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • SET - In Hold'em, three of a kind where two of the cards are hole cards.
  • 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.
  • STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
  • ROLLED UP - In seven-card stud, being dealt three of a kind in the first three cards.
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