I-Team Updates: Poker Scandal, Area 51 & Non-Profit Medical Research

New information has surfaced about an alleged poker cheating scheme involving a prominent Las Vegas gambling consultant. The scandal was first reported earlier this month by the I-Team but is now a hot topic in the gambling world. George Knapp has the update and some other I-Team reports that have caused quite a stir .

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Thu, July 26th, 2007

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Poker lingo:

  • ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
  • LAY ODDS - To give favorable odds to an opponent.
  • FAMILY POT - A pot where all of the players at the table are participating, even after each has had an opportunity to act.
  • POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
  • ROLLED UP - In seven-card stud, being dealt three of a kind in the first three cards.
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