Playing it safe can be a costly proposition
Plenty of history and prestige was at stake at the World Poker Tour’s no-limit hold ‘em championship at the Bellagio in December 2004, not to mention a first-place prize of $1.8 million dollars. On the third day of the five-day marathon tournament, the following hand came up between Player X (an amateur) and me.Everyone had been randomly reshuffled to new tables at the $15,000 buy-in event, with 45 players remaining (out of 400 entrants). With the blinds (required bets) at $3,000-$6,000 and a $5
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Poker dictionary:
- PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
- DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
- LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
- TRIP - Three of a specific kind, as in "Trip sixes".
- IN - Still eligible to win the pot. "I'm in" is often spoken as one adds chips to the pot, calling.
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
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