Freakonomics Author to Attack Cheating at Online Poker
Recently the rumors of collusion and cheating at a popular online poker room have reached fever pitch, and one well known economist has joined in the discussion, partially because he has been hired to do so. Steven Levitt, the co-author of the well known book Freakonomics, has been hired to help this same online poker room to work out methods and tools to catch cheaters in the act. He mentioned this on his NY Times blog and pointed out that the cheaters were obvious in their tactics, including never losing and going after the highest stake games.
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Useful poker terms:
- BOAT - A FULL HOUSE, three of a kind and a pair.
- BEE No. 92 (TM) - Trade name for the "diamond back" cards frequently used in casino games. Compare: RIDER BACK.
- CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
- MAIN POT - The main pot, as related to one or more side pots, when there are one or more all-in player(s). The main pot is the one in which all active players participate.
- RIVER - The last card dealt in a hand of stud or Hold'em.
- PAT HAND - In draw poker, a hand that does not need any more cards. Specifically, a straight, flush, full house or straight flush. One might bluff and represent a pat hand but actually hold something else.
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