Lucky at poker? Here is your tax form

ATLANTIC CITY: Starting today, it’s going to get harder for poker tournament winners to bluff the tax man.

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Tue, March 4th, 2008

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Useful poker terms:

  • 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".
  • SCOOP - To take all of a pot that is normally split, either by winning both halves outright or winning one half when no players qualify for the other half.
  • JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
  • BELLY BUSTER - An inside straight draw. Same as GUTSHOT.
  • STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
  • OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
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