MECN study finds German poker market has great potential
The management consultants at MECN have just completed a new study analyzing developments in the German betting and lottery market following the Federal Constitutional Courts decision, the state treaty on gambling, and the ECJs decision in the Placanica case.
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Poker lexicon:
- WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
- RAISE - To wager more than the minimum required to call, forcing other players to put in more money as well.
- MIDDLE POSITION - Betting positions approximately halfway around the table from the first player to act.
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
- HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
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