Poker tourneys will have to report winnings
Starting next year, casinos and other sponsors of poker tournaments will be required to report most winnings to the Internal Revenue Service. The new requirement goes into effect March 4, according to the IRS.
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Poker lingo:
- OVERCALL - To call a bet after one or more players already called.
- MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
- ANTE - A small bet all players are required to make before a hand is dealt. Not all games have an ante. Related terms: BLIND, FORCED BET.
- SET - In Hold'em, three of a kind where two of the cards are hole cards.
- OPENER - The player who opens the betting, especially in draw poker. A hand may have no openers, in which case it is PASSED OUT, i.e., new hands are dealt.
- MUCK - [1] A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes. [2] To throw one's cards into the muck, thus folding.
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