TASER Foundation Announces Charity Poker Tournament Hosted by Phil Hellmuth December 1, 2007 at Palms Resort and Casino
SCOTTSDALE, Ariz., Nov. 15, 2007 — The TASER Foundation for Fallen Officers in association with the Palms Resort and Casino in Las Vegas announce the Third Annual Charity Poker Tournament hosted by 11-time World Series of Poker winner Phil Hellmuth on December 1, 2007.
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Poker dictionary:
- LIVE BLIND - The last and largest blind bet may or may not be LIVE. If LIVE, the blind bettor has the option of "raising" his own blind in the event the bet is called around to him. This is normal, and is sometimes referred to as "blinds are live".
- 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.
- BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
- FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
- PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
- BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.

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