UltimateBet Parent Excapsa Bought by Private Maltese Company
Just one day before US President Bush signed the Unlawful Internet Gambling Enforcement Act into law, Excapsa Software sold its entire operation to Blast Off Ltd, a privately owned Maltese company, for a reported $130 million…
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Poker lexicon:
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
- DEAD MONEY - Money contributed to the pot by players who have folded.
- FULL HOUSE - A hand consisting of 3-of-a-kind and a (different) pair.
- BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
- LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
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