Online Poker Room Share Sale £49m
For half of the founding duo of the online poker company PartyGaming, this has been a profitable week, but a week of change. Vikrant Bhargava, who founded PartyGaming with Anurag Dikshit, sold off his 160 million shares at 30.5p each, resulting in £49m for the 34-year-old. Bhargava is not out to retire, however, having his new hedge fund called Sirius in which to utilize his cash surplus…
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Poker talk:
- BIG SLICK - In Texas Hold'em, hole cards of A-K, suited or not.
- CHECK RAISE - To check initially, then raise a bet made later on in the same betting round. Frequently a sign of strength, but may be a bluff.
- FLOP GAME - Any of a number of poker games where a flop is dealt.
- KICKER TROUBLE - Not having as high a kicker as an opponent.
- ON TILT - Playing worse (usually, more aggressively) than usual because a player has become emotionally upset.
- POCKET ROCKETS - In Hold'em, a pair of aces for hole cards.
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