PokerNews Cup: Online Poker Players Have a Blast in Melbourne

Over 130 online poker players have assembled in Melbourne over the past week, and played their hearts out at the PokerNews Cup. Over 15 different countries were represented among the players, who enjoyed a week of activities and poker…

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Tue, October 30th, 2007

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Poker argot:

  • HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • 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.
  • SHARK - A good/crafty player often posing as a fish early in the game.
  • CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
  • ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
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