60 Minutes Looks at Poker Scandal

When the news broke about the online poker scandal at Absolute Poker, it quickly spread across the Internet. It takes longer to produce a news special than it does to pop something on a blog, but it looks like the story has reached the big time with 60 Minutes. The news show is looking at airing the story as part of a special segment about online poker: this is according to the blog of Nat Arem, one of the bloggers who uncovered the AP scandal in the first place, who was interviewed by 60 Minutes’ Steve Kroft.

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Useful poker information:

SPREAD LIMIT - A variation on fixed limit wherein the minimum and maximum bets are different. A 1-4-8 game allows bets from 1 to 4 in the early rounds and 1-8 in the last round. A 1-4-8-16 game allows bets from 1 to 4 in the early rounds, 1 to 8 in the next-to-last round, and 1 to 16 in the last round.
JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
BUTTON - A distinctive token held by the player sitting in the theoretical dealer's position, when a house dealer is used. The button rotates around the table so that every player has an opportunity to be the last to act. Also, "THE BUTTON" can refer to the player who currently has the button. ("I was the button and called the blind".) Synonyms: BUCK, PUCK.
HOYLE - Edmund Hoyle (1769-?) was the authoritative source for rules of card games. Hoyle is to card rules as Webster is to word definitions.
RUSH - A winning streak. Also "ON A RUSH".
OPEN - Make the first bet in a hand, especially in draw poker.

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