$500,000 prize pool in London ActionPoker shootout

Six amateur poker players have battled their way past thousands of online competitors to represent their countries at the ActionPoker.com $500 000 Poker Shoot-Out in London on December 1.

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Wed, November 22nd, 2006

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Poker dictionary:

  • PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
  • NICKEL - Five dollars, usually represented by a red casino check.
  • GOOD GAME - A game with players worse than you so that you can expect to win a lot of money.
  • FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
  • EDGE - An advantage over an opponent, either specific or subjective.
  • TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
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