CNBC Poll Shows Big Support for Regulating Poker — Not Banning It
A recent poll on CNBC might surprise many who are following the fate of online poker in the United States: the results show that over 90% of Americans would prefer online poker become legal and regulated in the United States, as opposed to what looks like might happen, which is the complete banning and prohibition of the game. Spurred on perhaps by studies that have shown that the federal government could benefit by over $3 billion in annual revenue, plus $1 billion for the states, the debate is heating up as the US Senate reconvenes for its fall session, when it will vote on the current bill to ban online poker, HR 4411.. …
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Poker glossary:
- PAT - Holding or being dealt a pat hand. "I'm pat" would mean "I don't want to draw any cards.
- LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
- 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.
- ROLLED UP - In seven-card stud, being dealt three of a kind in the first three cards.
- POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
- RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
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