Sioux Falls man wins poker event

The World Series of Poker circuit event Wednesday night at Harrahs Horseshoe Casino in Council Bluffs came to an end when Kosta “Gus” Sengos, with a…

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Thu, February 8th, 2007

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Poker jargon:

  • ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • NICKEL - Five dollars, usually represented by a red casino check.
  • PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
  • 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.
  • 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.
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