Full Tilt Poker Announces FTOPS VIII
More than $10 million in guaranteed prize money will be up for grabs when the Full Tilt Online Poker Series makes its eighth appearance from May 7-18, 2008. FTOPS VIII will feature 24 individual tournaments – each hosted by a Full Tilt…
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Useful poker terms:
- BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
- STRAIGHT - A hand consisting of 5 cards in sequence but not in suit.
- TRIP - Three of a specific kind, as in "Trip sixes".
- RERAISE - To raise after an opponent has raised.
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