Hosts of poker tourneys must report winning payouts in 2008
WASHINGTON, D.C. â Theyâre not bluffing: Tax collectors will start requiring poker tournaments to report the winnersâ take.
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Useful poker information:
- POT - The total amount of money bet so far in a hand.
- RIDER BACK (TM) - A brand of playing cards that feature a bicycle rider on the back of the cards. Often used in home games. Compare: BEE No. 92.
- STUD - Any of several poker games in which some of each players' cards are exposed.
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
- FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
- MITES AND LICE - A hand consisting of two pair, threes over twos.
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