Jeff Haney relays some advice from a poker giant’s CEO to small cardroom execs: Make established tours work for you
Steve Lipscomb, the chief executive of the World Poker Tour, has some advice for poker executives at small and midsize cardrooms around the nation. Don’t worry about competing against the major worldwide tours such as World Poker and the World Series of Poker.Save
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Useful poker information:
- LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
- PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
- RUSH - A winning streak. Also "ON A RUSH".
- LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
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