Poker Jackpot Dispute Cools

A lawsuit over the World Series of Poker?s $12 million grand prize has apparently been settled. Jamie Gold, the winner of the event, and Bruce Crispin, a Los Angeles-based TV producer who claimed that Gold had promised to split the jackpot with him, released a joint statement yesterday that said the matter would be resolved ?without litigation.? Leyser said Gold agreed to a 50-50 split in …

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Tue, February 6th, 2007

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Poker dictionary:

  • RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
  • 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.).
  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
  • LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
  • STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
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