Half of charged poker players fold, others bet on legal outcome
About half of 57 people charged with gambling offences after raids on three social clubs in Winnipeg earlier this year have opted to accept a deal that would see them take an addictions course in exchange for a stay of their charges.
Related Poker News:
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- Vero Beach poker game forced to fold
- Half of Poker Players Opting For Out
- Putnam poker players charged
- Poker Pros Understand Fold Equity
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- Putnam poker players robbed at gunpoint charged with gambling
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- Teacher, policeman, prosecutor charged in SC poker game raid
- 30 people charged in Winnipeg poker club raids opt out of court fight
- Seven Charged Over Illegal Poker Games
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Useful poker terms:
- EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
- 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.
- LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
- OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
- FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
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