Lee Markholt Wins World Poker Tour 2008
March 31 - Lee Markholt won his first ever WPT title after beating top players such as Phil Ivey and David Pham at the final table of the World Poker Tour 2008 tournament.
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Poker glossary:
- CALLER - One who calls. Sometimes used collectively, as in "3 callers".
- FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
- BIG BOBTAIL - An open-ended 4-card straight flush.
- POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.
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