Poker Cap Lifted in Michigan
When poker players play No Limit Texas Holdem, they like to play no limits. In Michigan, however, that had proved hard to do until recently. The Michigan Lottery’s Charitable Gaming Division held a $500 cap on daily winnings for charitable gambling events, but that cap has now been lifted by the same group…
Related Poker News:
- Michigan poker prize cap lifted
- College Poker Life: University of Michigan, Ann Arbor, MI
- New Poker Room in Michigan
- Michigan Radio Hosts Small Town Poker Tour Spot
- Racetracks may hold poker tournaments
- Ex-FBI agent tips off poker players about ‘tells’
- Ex-FBI agent coaches poker players to read opponents’ tells
- Men Charged for Running Poker Party
- WSOP Outlaws .Net Ads
- ‘Gaming den’ warning as pubs are given go ahead to hold poker games
- Carr stays mum on retirement
- ‘Poker run’ organized
Poker lingo:
- 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.
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- LAY ODDS - To give favorable odds to an opponent.
- BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
- 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.
- OPEN - Make the first bet in a hand, especially in draw poker.
RSS feed
