Playtech licenses software to PartyGaming for 4 years
The news that Party Gaming is to acquire Empire Online and Intercontinental Online Gamingsubject to shareholder approvalhas been followed with a statement from online casino and poker software developer Playtech that it has concluded a long term agreement with Party for the continued use of its software to run the newly acquired gaming websites.
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Poker jargon:
- FREE CARD - A card dealt after all players checked in a betting round.
- COLD CALL - Calling both a bet and raise at the same time, as opposed to calling a bet then later calling a raise made after the call.
- STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
- TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".
- FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
- OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".
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