Hundreds of Thousands Exchange Hands at Online Table

Online poker rooms are sometimes where pro players and amateur high rollers log on to toss money around in very large amounts, as witnesses to one match at Full Tilt Poker can attest to. Phil Ivey, known as the “Tiger Woods of poker”, was the pro while another player, a mystery man known as seda1, took on the role of high stakes amateur. Seda1 lost $600k to Ivey in one match, but according to reports made up some ground in a follow up session at a “Deathmatch” table…

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Poker lexicon:

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.
CAP - To cap the betting is to make the last permitted raise in a round.
OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
TAPPED [OUT] - Out of money. Can refer to a player running out of money in the course of a hand, thus still active for the main pot; or can refer to a player who has lost his bankroll and can no longer play.
SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.

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