NETeller Founder Lawrence Pleads Guilty to Conspiracy Charge

NETeller Plc co-founder Stephen Lawrence pled guilty on Friday in U.S. Federal Court to one count of conspiracy in the ongoing case brought against the company’s founders. Along with John Lefebvre, Lawrence, 47, was arrested in January…

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Fri, June 29th, 2007

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Poker lexicon:

  • IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
  • COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
  • LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
  • TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
  • SEMI-BLUFF - To bluff with a come hand that figures to win if it hits.
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