Unknown Shareholder Unloads PartyGaming Shares
February 28 - Yesterday’s rise in PartyGaming Plc shares on the London Stock Exchange, gave its shareholders cause to reach for the champagne, particularly one unknown shareholder who took the increase as an opportunity to sell a few shares - £50 million worth in fact.
Related Poker News:
- $300million given by Party Poker Co-Founder
- PartyGaming Shares on the Rise
- Partygaming bows out of FTSE 100 this week
- Broker snap: Poker fears hit PartyGaming
- Partygaming rolls out double deal
- PartyGaming issues profit warning
- PartyGaming Rebounds After Skins Split
- PartyGaming to Buy Rival Web Sites
- Empire Online Sues PartyGaming for Breach of Contract
- Online Poker Room Share Sale £49m
- PartyGaming buys Empire and Intercontinental
- Playtech licenses software to PartyGaming for 4 years
Poker jargon:
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
- LAY ODDS - To give favorable odds to an opponent.
- CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".
- FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
- QUALIFIER - A minimum standard that a hand must meet in order to win. Usually applied to the lowball side of a high-low split pot.
- 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.
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