Irish Poker Open Guarantees $4 Million Plus
The Paddy Power Poker site sponsorship of the 2008 Irish Poker Open will mean more than $4 million guaranteed payout to the players, according to a recent announcement. Both the amount of players and the amount of the buy ins are going up this year from last, helping to bolster the guarantee of the 27th Annual Paddy Poker Irish Open, which will take place at Easter time in Dublin, Ireland. To be held at the Citywest Hotel, Leisure and Golf Resort, this week long poker festival will draw huge crowds, especially after this announcement of a $4.3 million prize pool.
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Useful poker terms:
- BLACK - When referring to chips, black usually stands for $100 casino chips. "This guy sits down with a stack of blacks and raises the first bet." Not ALL casinos use black for $100 but that is the common usage.
- FOLD - To decline to call a bet, thus dropping out of a hand.
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.
- EDGE - An advantage over an opponent, either specific or subjective.
- BUTTON - A distinctive token held by the player sitting in the theoretical dealer's position, when a house dealer is used. The button rotates around the table so that every player has an opportunity to be the last to act. Also, "THE BUTTON" can refer to the player who currently has the button. ("I was the button and called the blind".) Synonyms: BUCK, PUCK.

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