Ex-Poker Club Owner Fined for Profiting From `Game of Chance’
March 29 (Bloomberg) — The former co-owner of a private London poker club was fined 10,000 pounds ($19,500) today after a jury found him guilty of profiting from a game of chance in violation of Britain’s gambling laws.
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Poker lingo:
- 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.).
- LIVE [CARD] - In Stud, a card probably not held by other players.
- INSIDE STRAIGHT - Four cards to a straight, where only one rank will complete the hand. E.g., 4-5-6-8 is an inside straight since only a 7 will fill (i.e., complete) the hand. Often called a GUT-SHOT. Compare: BOBTAIL STRAIGHT, OPEN-ENDED STRAIGHT.
- STUD - Any of several poker games in which some of each players' cards are exposed.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- RUNNER-RUNNER - A hand made using both of the last two cards dealt.
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