PokerTek Says Lightning Poker’s Patent Lawsuit is Without Merit
PokerTek, Inc. (NASDAQ: PTEK), the industry pioneer and worldwide leader in automated poker tables and related software, said today it believes that the allegations outlined in Lightning Poker’s announcement are without merit. PokerTek believes that its products do not violate the patent that forms the basis of the lawsuit, or that the patent is invalid, or both. PokerTek intends to vigorously …
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Useful poker terms:
- READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
- MANIAC - A player who bets, raises and reraises without regard to the quality of his hand. Most often found in flop games.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- LITTLE SLICK - In Hold'em, hole cards of A-2, suited or not.
- PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
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