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 glossary:
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
- REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.
- MANIAC - A player who bets, raises and reraises without regard to the quality of his hand. Most often found in flop games.
- BARN - A FULL HOUSE, three of a kind and a pair.
- MITES AND LICE - A hand consisting of two pair, threes over twos.
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