Poker tournament robbery probed
Allegheny County police were trying to track down several gunmen who robbed 50 people last week at a poker tournament at the Wilkins Township Italian American Club.
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Poker lexicon:
- TAP - In no-limit games, to wager all of one's money in one bet.
- SET - In Hold'em, three of a kind where two of the cards are hole cards.
- EDGE - An advantage over an opponent, either specific or subjective.
- SPREAD LIMIT - A variation on fixed limit wherein the minimum and maximum bets are different. A 1-4-8 game allows bets from 1 to 4 in the early rounds and 1-8 in the last round. A 1-4-8-16 game allows bets from 1 to 4 in the early rounds, 1 to 8 in the next-to-last round, and 1 to 16 in the last round.
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
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