Automated Payout System in Place for WSOP
Generally speaking, poker tournaments pay one table (nine players) for every 100 players who enter. So, on average, 91% of the players who enter a poker tournament do not finish in the money, or as Norman Chad would say…
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Poker talk:
- SMALL BLIND - In games with two blinds the first blind is the SMALL BLIND because it is usually one-half (or less) the second or large blind.
- ANTE - A small bet all players are required to make before a hand is dealt. Not all games have an ante. Related terms: BLIND, FORCED BET.
- FREE CARD - A card dealt after all players checked in a betting round.
- LOOSE - Playing more hands than the norm. Antonym: TIGHT.
- 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.
- LIVE BLIND - The last and largest blind bet may or may not be LIVE. If LIVE, the blind bettor has the option of "raising" his own blind in the event the bet is called around to him. This is normal, and is sometimes referred to as "blinds are live".
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