Swedish Tourney Ends in Jail Time for Organizers
A million-kronor poker tournament resulted in four men being charged by police. It turns out the poker event was illegal, and two of the four have been jailed so far. Around 700 people took place in the poker tournament, which resulted in two men getting six and eight months in prison…
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Poker slang:
- 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.
- NICKEL - Five dollars, usually represented by a red casino check.
- SCOOP - To take all of a pot that is normally split, either by winning both halves outright or winning one half when no players qualify for the other half.
- OMAHA - A variant of Hold'em where each player receives 4 hole cards and must use exactly two of them (together with 3 of 5 board cards) to make a hand. Often played high-low split with an 8 qualifier for low.
- ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
- LEAK - To show one's hole cards (often unknowingly).
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