Online Poker Thrives in Germany Despite the Law
Online poker is officially illegal in Germany, but a lack of persecution against the law breakers leaves the market wide open, a position that many players and companies have been taking advantage of. According to a recent Deutsche Welle report nearly three hundred thousand Germans regularly play online poker, and the very famous German tennis star Boris Becker is a spokesperson for one of the biggest names in online poker, Poker Stars. Also according to the report, Germans spent more than $1.5 million on online gambling in 2006 alone.
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Poker lingo:
- S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
- TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".
- READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
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