High Stakes Poker: Potential New Bid for Harrah’s on the Horizon?
CNBC reported yesterday that Penn National Gaming, Inc. has joined forces with hedge fund D.E. Shaw to work up a competing cash and stock bid for Harrah’s Entertainment, Inc….
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Useful poker information:
- HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
- FOUR OF A KIND - A hand containing all four cards of the same rank.
- RERAISE - To raise after an opponent has raised.
- FLUSH - A poker hand consisting of five cards all one suit.
- MANIAC - A player who bets, raises and reraises without regard to the quality of his hand. Most often found in flop games.
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
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