World Series of Poker learns a lesson from NASCAR

Sponsor banners, advertisements and corporate signage abound at this year’s World Series of Poker. Even the poker tables are sponsored, tagged with the logos of Milwaukee’s Best Light beer, PartyPoker.net and Planters nuts.

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Sat, June 30th, 2007

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Poker lingo:

  • BARN - A FULL HOUSE, three of a kind and a pair.
  • CUT - To break the deck into 2 stacks of at least 5 cards each. Usually performed by the player to the dealer's right to insure that the the deck is not stacked.
  • LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
  • FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
  • BOAT - A FULL HOUSE, three of a kind and a pair.
  • PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
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