WSOP Stories: The Pros on the Rail

As the players’ friends and family watched a long WSOP Day Six of play, finally resulting in the 2007 Championship final table, they rubbed shoulders with a couple of poker’s well known names. Lee Watkinson had some Full Tilt peers sweating him…

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Mon, July 16th, 2007

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Poker jargon:

  • 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.
  • OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
  • 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.
  • HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
  • INSIDE STRAIGHT - Four cards to a straight, where only one rank will complete the hand. E.g., 4-5-6-8 is an inside straight since only a 7 will fill (i.e., complete) the hand. Often called a GUT-SHOT. Compare: BOBTAIL STRAIGHT, OPEN-ENDED STRAIGHT.
  • DECLARE - In high/low games, declaring one's hand as high or low or both ways (usually done with chips in hand). Usually played in home games; casinos tend to play CARDS SPEAK.
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