Poker Chips Holiday Gift-Giving Guide for 2006
Gift-givers listen up, ElitePokerChips.com offers up our Poker Chips Holiday Gift-Giving Guide for 2006. (PRWeb Nov 23, 2006) Trackback URI: http://www.prweb.com/zingpr.php/RmFsdS1DcmFzLUluc2UtU3F1YS1NYWduLVplcm8=Save
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Poker terminology:
- 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".
- THIRD STREET - In Stud, the third card dealt to each player.
- 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.
- JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
- 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.
- FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.

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