Pacific Poker Profits Up
The parent company of online poker rooms Pacific Poker and Lucky Ace Poker, 888 Holdings, recently announced that profits are up more than double from the previous year. In addition to online poker the company offers online bingo services as well as casino style games like blackjack. Pretax profits from last year were around $45 million, in comparison to the $22 million from the year before that…
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Poker slang:
- PAT - Holding or being dealt a pat hand. "I'm pat" would mean "I don't want to draw any cards.
- 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.
- LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
- CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
- RIVER - The last card dealt in a hand of stud or Hold'em.
- 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.
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