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 slang:
- SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
- 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.
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
- KICKER - In hands containing pairs and trips, the highest card not matched. In draw games, sometimes a card kept for deception purposes.
- SEMI-BLUFF - To bluff with a come hand that figures to win if it hits.
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