World Series of Golf Crowns Champion in Inaugural Event: Day Trader Goes ‘All In’ to Beat Poker Pros and Win $250K

In an event that combines the wagering format of Texas Hold ‘Em with the skill of golf, a day trader from Newport Beach, CA out-matched some of the greatest professional poker players to be crowned the champion of the inaugural World Series of Golf.

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Poker lingo:

• 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.
• 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.
• TRIP - Three of a specific kind, as in "Trip sixes".
• DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
• 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.
• 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.