WSOP Leadership to Remain
The sale of Harrah’s Entertainment - the owner of the World Series of Poker brand - is nearly complete, which begs the question of what will happen to the WSOP. The sale, which is to a couple of private equity firms, rings in the billions, so the firms taking over are certainly counting on the WSOP, along with the rest of the Harrah’s business, to bring in the money. Does this mean they will make big changes in the way the WSOP is going to be run? It does not look like it, as it has been announced that the Chairman and CEO of Harrah’s, Gary Loveman, will be retained, as will WSOP Commissioner Jeffrey Pollack.
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Poker dictionary:
- 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".
- SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
- TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
- 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.
- ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
- FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
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