More high-stakes variations at World Series of Poker
Each year, the famous World Series of Poker in Las Vegas has a twist. This year, there will be eight events that require a player buy-in of $10,000, up from two last year. They include the granddaddy of them all, the World Championship No-limit Texas Hold `em tournament, now simply called the Main Event.
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Casino poker language:
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
- PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
- POT - The total amount of money bet so far in a hand.
- BAD GAME - Any game in which you figure to be the loser, because the other players are better than you.
- LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
- POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
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