Poker Club Manager Convicted Under U.K. Gambling Laws
Jan. 16 (Bloomberg) — The manager of a 23,000-member private card club in London was convicted today of violating Britain’s gambling laws after a jury decided poker is a game of chance, not pure skill.
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Poker jargon:
- NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
- RUNNER-RUNNER - A hand made using both of the last two cards dealt.
- SET - In Hold'em, three of a kind where two of the cards are hole cards.
- LIVE BLIND - The last and largest blind bet may or may not be LIVE. If LIVE, the blind bettor has the option of "raising" his own blind in the event the bet is called around to him. This is normal, and is sometimes referred to as "blinds are live".
- 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.

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