Poker Playing Reporter Trades Sixty Cents for 500 Chips
When Aaron Todd, a reporter for Casino City, set out to win a seat to the 2007 WSOP Main Event, he started his journey at PKR.com. When that site shut down US operations, Todd asked for a check for his total winnings - sixty cents. When he wrote a column asking readers what to do with the money, one suggested he trade it for something, and the best offer came from Golden Palace Poker, who gave him a nice set of 500 poker chips for it, partially following their appreciation of interesting eBay trades, such as William Shatner’s kidney stone.
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Poker lexicon:
- POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
- NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
- RUSH - A winning streak. Also "ON A RUSH".
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- STUCK - Down a nontrivial amount of money, as in "he's stuck $800".
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