UIGEA Implementation Rules Published
On October 1, 2007 the Federal Reserve and the Department of the Treasury released their joint report on the rules and regulations that would make the Unlawful Internet Gambling Enforcement Act (UIGEA). While the rules may clarify some of the requirements for the UIGEA, if you are looking for a clear anc concise answer, you will have to wade through the 52 page document.
Related Poker News:
- UIGEA Rules Implemented
- D.C. Think Tank ‘White Paper’ Assails UIGEA
- Kyl Puts Heat on Federal Agencies to Accelerate UIGEA Implementation
- US Treasury, Federal Reserve Publish UIGEA Rules
- UIGEA Update: iMEGA Challenge Dismissed but Legal Standing Granted
- Four Republican Congressman call for UIGEA ‘Unlawful Internet Gambling’ Clarification
- Sessions Introduces UIGEA ‘Clarification’ Bill; PPA Pans Measure’s Language
- Politics and Poker: Fed Rules, Schmules
- Final UIGEA Rules Still Unclear About Online Poker
- Congressional UIGEA Hearing Confirmed for April 2nd
- U.S. Government Releases UIGEA Rules Proposal
- UIGEA Clarifying Measure Fails to Clear House Committee
Useful poker terms:
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- DOUBLE BELLY BUSTER - A two-way inside straight. E.g., 3-5-6-7-9.
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
- PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
- DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
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