CryptoLogic buys Scandinavia’s Parbet poker brand
TORONTO Gambling software firm CryptoLogic Inc. has agreed to pay up to $20-million for the poker brand and related assets of Parbet.com, a popular Scandinavian online poker room.
Related Poker News:
- Parbet Bought by Online Poker Software Firm
- CryptoLogic Announces Purchase and License of Parbet Poker Brand and Related Assets
- Press Release: CryptoLogic Announces Purchase and License of Parbet Poker Brand and Related Assets
- PlayboyGaming.Com, Parbet and Betsafe Launched on CryptoLogic-Developed Poker Network
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- Plaboy Enterprises and Cryptologic Inc. to Launch New Online Poker Website
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- Former IBM executive appointed as new Cryptologic CEO
Poker terminology:
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- POT - The total amount of money bet so far in a hand.
- 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.
- TURN - The fourth community card in Hold'em.
- JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
- BIG SLICK - In Texas Hold'em, hole cards of A-K, suited or not.
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