Absolute Poker Situation: Unattributed Statement Released; Seif Video Names AJ Green
An unattributed statement released late in the week on behalf of Absolute Poker continued that company’s attempts to put the best spin possible on the still-unfolding scandal focused on the site. That situation involves the acknowledged…
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- ON POKER: The game has lots of gray areas
Poker terminology:
- WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".
- FORCED BET - In some stud games a player may be required to make a bet to start the action on the first card. This is similar conceptually to blinds and antes, but in this case is dependent on the cards shown rather than player position. Usually the weakest hand is forced to bet.
- SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
- THIRD STREET - In Stud, the third card dealt to each player.
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