Michigan poker prize cap lifted

MICHIGAN As reported by the Muskegon Chronicle: “The no-limit Texas Hold ‘Em charity poker events at Great Lakes Downs can now live up to their no-limit name.Save

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Tue, November 28th, 2006

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Poker terminology:

  • NICKEL - Five dollars, usually represented by a red casino check.
  • LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
  • BOAT - A FULL HOUSE, three of a kind and a pair.
  • 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.
  • SIXTH STREET - The sixth card dealt in 7-card stud.
  • OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".
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