The World Poker Store Appoints COO

The World Poker Store (PINKSHEETS: WPKS), a Nevada corporation with corporate offices in St. Paul, MN, announced today the appointment of David Riggs to Chief Operations Officer. David will continue to serve as a board member for the company and brings a wealth of experience and knowledge to the day-to-day operations of The World Poker Store. Mr. Riggs is a 28-year resident of Las Vegas and has …

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Tue, June 19th, 2007

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Useful poker terms:

  • STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • 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.
  • MUCK - [1] A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes. [2] To throw one's cards into the muck, thus folding.
  • DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
  • LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
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