Neteller Founders Detained: New UIGEA Precedent or Old School?
Today Neteller suspended trading of its company’s shares on the London Stock Market and confirmed that two of its former company officials and founding members had been detained in the US. Neteller further stated…
Related Poker News:
- NETeller Says U.S. Detained Two Former Directors
- NETeller founders arrested in US on money laundering charges
- US Seizes Poker Funds from Neteller
- Neteller makes U-turn: says it will comply with UIGEA
- Neteller ‘Updates’ Its Position on the Online Gambling Bill
- Angry Neteller customers join forces in Neteller Customer Coalition
- Online Poker Rooms Spread the Risk
- Neteller case rescheduled for May 16, 2007
- Online Poker eWallet Neteller Faces Troubled Times
- BetonSports CEO David Carruthers detained in US
- Neteller Jobs Lost Due to Poker Woes
- NETeller case extended to April 16
Poker jargon:
- BLACK - When referring to chips, black usually stands for $100 casino chips. "This guy sits down with a stack of blacks and raises the first bet." Not ALL casinos use black for $100 but that is the common usage.
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
- NICKEL - Five dollars, usually represented by a red casino check.
- OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
- CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".
- TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
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