Frank, Paul Introduce Bill to Prohibit UIGEA Enforcement

On April 10th, Chairman of the House Financial Services Committee Representative Barney Frank and senior Financial Services Committee member Representative Ron Paul introduced a bill that would block the enforcement of the UIGEA…

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Sat, April 12th, 2008

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Poker argot:

  • 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.
  • RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
  • POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
  • STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
  • 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.
  • ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
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