Moonee Valley Poker Machines Earn More
Despite cutting back on the number of poker machines in circulation in Moonee Valley, the money spent playing the gambling game has increased over the last year. Last year the punters of the Valley spent $75.75 million, and the Victorian Commission for Gambling Regulation reports that $76.85 million was spent this year. Players are simply putting more money into fewer machines…
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Poker lexicon:
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
- TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- TAP - In no-limit games, to wager all of one's money in one bet.

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