Overlay Poker Tournament Pays Out to CobaltBlue
The online poker player who picked up the Bodog $100k guaranteed poker tournament is CobaltBlue, but his real name is Marchant Davenport, a 24 year old poker pro that plays mostly online. He picked up the win of $25k in an overlay event, which means that there were not enough players paying the full-priced buy in to cover the prize pool. Because online poker room Bodog Poker guaranteed the pool, it had to pay out the difference…
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Poker terminology:
- NICKEL - Five dollars, usually represented by a red casino check.
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
- OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
- 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.
- SIDE POT - When an active player runs out of money during the course of a hand, the remaining players participate in a second or SIDE POT for the rest of the hand. Additional side pots are possible if several players run out of money at different points in a hand.
- 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.
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