Betfair.com Signs Letter of Intent as ‘Presenting Sponsor’ for WSOP Europe

Betfair.com has reached an agreement with Harrah’s Licence Company LLC to become the ‘Presenting Sponsor’ of World Series of Poker® Europe. The five-year deal, which begins with this September’s WSOP-Europe event and runs through 2011…

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Wed, July 4th, 2007

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Useful poker terms:

  • MISDEAL - A hand dealt incorrectly that must be re-dealt.
  • HOLE CARDS - In Stud and Hold'em, the face-down cards dealt to each player.
  • PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
  • HIT - To make a hand or catch a card or cards that improves one's hand. "I hit a gut-shot draw on the river."
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