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 terminology:

  • WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
  • 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.
  • LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
  • STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
  • POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
  • FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
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