Judge to freeze $6M — half of record poker pot
LAS VEGAS, Nevada (AP) — Lawyers for World Series of Poker winner Jamie Gold and a Los Angeles-based TV development executive agreed to a court injunction freezing $6 million — half of the top prize — in a dispute about a deal to split the winnings.
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Poker lingo:
- BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
- EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
- LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
- TRIP - Three of a specific kind, as in "Trip sixes".
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- LIVE [CARD] - In Stud, a card probably not held by other players.
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