Sexton’s Corner, Vol. 34: Archie Karas, Part 4 — More Poker

A few months before his untimely death, Chip Reese was quoted as saying, ‘The most money I ever lost in poker was $2,022,000 in one night, playing $8,000/$16,000 limit. I lost that money to Archie Karas.’ During Archie’s amazing…

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Mon, March 3rd, 2008

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Poker dictionary:

  • FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
  • TOP TWO PAIR - In flop games, having hole cards that make the highest possible two pair hand.
  • BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
  • BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
  • MIDDLE POSITION - Betting positions approximately halfway around the table from the first player to act.
  • CARDS SPEAK - Winner(s) of the hand are determined by turning their cards face up, the best hand(s) wins (no declaration).
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