The Year in Poker: August, 2007

Following a few weeks of slow news following the conclusion of the 2007 WSOP, August returned to a normal poker pace with major tourneys both live and online, plus a scattering of business news. Mergers and acquisitions were…

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Poker argot:

TRIPS - Three of a kind. In Hold'em the term SET is used when two of the three cards are hole cards.
TRIP - Three of a specific kind, as in "Trip sixes".
TURN - The fourth community card in Hold'em.
TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
IN - Still eligible to win the pot. "I'm in" is often spoken as one adds chips to the pot, calling.

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