UIGEA Hits Party Poker

When the UIGEA took the wind out of the sails of a number of online poker rooms, Party Poker was among them, and recent reports show just how big a hit the poker room took. The site’s parent company, Party Gaming, reported a loss approaching fifty million dollars for the first half of 2007. The profit for the same period of last year for what was once the world’s largest poker site was $320.5 million, while this year it is $277.4 million…

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Thu, August 30th, 2007

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Poker argot:

  • FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
  • BOARD - The exposed cards in Hold'em and stud. Also BOARD CARDS.
  • RAISE - To wager more than the minimum required to call, forcing other players to put in more money as well.
  • SEMI-BLUFF - To bluff with a come hand that figures to win if it hits.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
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