World Poker Tour Financials Out Soon

The World Poker Tour’s parent company, WPT Enterprises, Inc, has announced that they will release their financial numbers for the first quarter of 2008 after the close of trading on Tuesday, May 6. The WPT is traded on the Nasdaq (WPTE) and has had ups and downs since they first went public. An investor conference call will be hosted the day the numbers are released at 4:30pm ET by the CEO and President of WPTE, Steve Lipscomb…

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Fri, May 2nd, 2008

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Poker argot:

  • 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.
  • BOAT - A FULL HOUSE, three of a kind and a pair.
  • FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
  • FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
  • CAP - To cap the betting is to make the last permitted raise in a round.
  • FOLD - To decline to call a bet, thus dropping out of a hand.
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