‘Net poker fever
Internet gambling has been around since the mid-1990s. Today, many online casinos are worth billions. One such company, PartyGaming, made $12 billion last year with a $400 million profit. PartyGaming is now the 47th largest company in the United Kingdom.
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Useful poker information:
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
- BLACK - When referring to chips, black usually stands for $100 casino chips. "This guy sits down with a stack of blacks and raises the first bet." Not ALL casinos use black for $100 but that is the common usage.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
- POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
- FREE CARD - A card dealt after all players checked in a betting round.
- CAP - To cap the betting is to make the last permitted raise in a round.
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