WSOP Updates – Event #39, $50,000 H.O.R.S.E. — Elezra Falls, Filippi Surges to Front

Day Three of Event $59, $50,000 H.O.R.S.E., began with 52 of 148 players still alive, with a tight leader board featuring 52 players and plenty of big names at the top. John Hanson started the day on top, but players such as Toto Leonidas…

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Wed, June 27th, 2007

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Useful poker terms:

  • MANIAC - A player who bets, raises and reraises without regard to the quality of his hand. Most often found in flop games.
  • ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • RAISE - To wager more than the minimum required to call, forcing other players to put in more money as well.
  • 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.
  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
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