UIGEA Update: Proposed Regulations Rile American Banking Association
A couple of weeks ago, a letter by Republican Senators John E. Sununu (NH) and Pete Domenici (NM) to the heads of the Treasury and Federal Reserve brought attention to the serious implementation concerns America’s banking industry…
Related Poker News:
- House Hearing Examines Burdensome UIGEA Regulations
- UIGEA Clarifying Measure Fails to Clear House Committee
- Tuesday Congressional Hearing for Measure to Block UIGEA
- Proposed truck stop, video poker rile residents
- Praise for US Suspension of UIGEA
- UIGEA Implementation Rules Published
- Talks On Internet Poker Regulations Produce Little Controversy
- Poker Regulations Up This Week
- Big Tax Hit for Poker Players Fizzles
- Four Republican Congressman call for UIGEA ‘Unlawful Internet Gambling’ Clarification
- UIGEA Goes into Full Effect
- UIGEA Update: iMEGA Challenge Dismissed but Legal Standing Granted
Poker terminology:
- LEAK - To show one's hole cards (often unknowingly).
- BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
- DECLARE - In high/low games, declaring one's hand as high or low or both ways (usually done with chips in hand). Usually played in home games; casinos tend to play CARDS SPEAK.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- FILL - To draw a card that makes a five-card hand (straight, flush, full house, straight flush).
- BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
RSS feed
