Seidel Wins WPT Event
Pro poker player and WSOP alumni Erik Seidel has a new accomplishment in the poker world, snagging the victory in a World Poker Tour event, his first WPT title. Seidel sports eight World Series of Poker bracelets, each representing a final table victory in different events and different years, and now he can add WPT champ to his accolades. The Foxwoods Poker Classic was his to win, and he did so, taking down a $992,890 first place payout…
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Poker argot:
- TAP - In no-limit games, to wager all of one's money in one bet.
- RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
- 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.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- SET - In Hold'em, three of a kind where two of the cards are hole cards.
- TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
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