Poker firm down £241m
SPORTINGBET, the firm behind the Paradise Poker website, has revealed first quarter losses of £241.4 million after selling its US business for a dollar before the US banned online gambling.Save
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Poker lexicon:
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
- BICYCLE - The best possible low hand: A-2-3-4-5. More common term: WHEEL.
- ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
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