Poker Exec Resigns
Mitch Garber is not long for PartyGaming. The Chief Executive Officer has announced that he will be taking off just as soon as they can find a replacement, after which he will return to North America and his family. During his reign as CEO the company has suffered massive losses to the bottom line, losing a great deal of market share to competitors such as the OnGame and iPoker networks…
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Poker jargon:
- SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
- CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
- IN - Still eligible to win the pot. "I'm in" is often spoken as one adds chips to the pot, calling.
- RAIL - A barrier dividing the card playing area from a public area.
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