WPTE Posts Loss: Turnaround Expected in 2009
World Poker Tour Enterprises released its 2007 earnings report, posting a loss of $1.8 million for the most recent quarter and a loss of $9.63 million for the year. Revenues for the quarter and year were both lower than they were…
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Poker slang:
- BRODERICK CRAWFORD - In Hold'em, hole cards of 10-4. From the 1950s TV series "Highway Patrol", starring Broderick Crawford.
- SPLIT [OPENERS] - In draw poker, to discard one or more openers, usually to draw to a straight or flush. Normally requires the opener to declare the act and retain the discards so that the act of opening can later be validated.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
- LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
- ONE-EYED - The jack of hearts, jack of spades or king of diamonds. So named because the characters are drawn in profile, thus showing only one eye.
- LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
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