Taylor Caby to Deliver Lecture at NYU-Stern on How to Build a Business Around Poker

On Tuesday, April 1, the NYU-Stern chapter of the student-led Global Poker Strategic Thinking Society will be joining other student groups at the New York University-Stern School of Business to host a discussion about the links between success at the poker table and success at the boardroom table.

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Mon, March 31st, 2008

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Casino poker language:

  • TRIP - Three of a specific kind, as in "Trip sixes".
  • 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.
  • FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
  • HOOK - A Jack. So named because the "J" resembles a hook.
  • SHARK - A good/crafty player often posing as a fish early in the game.
  • LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
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