CHRB Hears World Poker Tour Concept
by Debbie Arrington Date Posted: February 28, 2008 Last Updated: February 28, 2008 Could the folks who invented the World Poker Tour do the same for horse racing? If so, deal California in.
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Poker argot:
- 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.
- MUCK - [1] A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes. [2] To throw one's cards into the muck, thus folding.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- DEALER'S CHOICE - In home games, a rule that permits the dealer to name which poker game to be played that hand. Often limited to selecting from a list provided.
- TIGHT - [1] A style of play that entails playing fewer hands than average. Antonym: LOOSE. [2] A FULL HOUSE.
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