New city ordinance raises stakes on cardroom poker
A new Sacramento ordinance goes into effect Jan. 1 allowing local cardrooms to increase the wagering limit - the amount a player of Texas Hold ‘Em poker can go “all in” for - from $49 a hand to $1,000. It also raises the number of tables allowed at each cardrom from eight to nine.
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Poker lexicon:
- BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
- TURN - The fourth community card in Hold'em.
- S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
- OPENERS - Cards in a hand that qualify a player to open the betting.
- MANIAC - A player who bets, raises and reraises without regard to the quality of his hand. Most often found in flop games.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
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