World Tavern Poker Event a Success

The third annual World Tavern Poker Open was held on October 20 - 23 at Binion’s Gambling Hall and Hotel, best known for being the birthplace of the World Series of Poker. Twenty Four states were represented at the World Tavern Poker Open, with over 300 players converging on Las Vegas for the event. Four days of poker and parties made up the Open, which is often referred to as the World’s Best Poker Party…

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Poker jargon:

S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
RUNNER-RUNNER - A hand made using both of the last two cards dealt.
LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
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.
QUALIFIER - A minimum standard that a hand must meet in order to win. Usually applied to the lowball side of a high-low split pot.

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