World Series of Poker winner agrees to settle jackpot dispute
LAS VEGAS World Series of Poker main event winner Jamie Gold has agreed to settle a dispute over half of the tournament’s 12 (M) million dollar grand prize.
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Poker talk:
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- 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.
- FORCED BET - In some stud games a player may be required to make a bet to start the action on the first card. This is similar conceptually to blinds and antes, but in this case is dependent on the cards shown rather than player position. Usually the weakest hand is forced to bet.
- RUNNER-RUNNER - A hand made using both of the last two cards dealt.
- LOOSE - Playing more hands than the norm. Antonym: TIGHT.
- RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
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