WPTE 2008 First Quarter Loss Widens
There were few bright spots for World Poker Tour Enterprises (WPTE) in the first quarter of 2008. For the quarter, the company’s losses widened by almost 25% over the losses posted for the same quarter last year. WPT lost $2.83 million…
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Useful poker terms:
- ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
- BOARD - The exposed cards in Hold'em and stud. Also BOARD CARDS.
- LOWBALL - Generic term for poker where the lowest hand wins.
- OPEN - Make the first bet in a hand, especially in draw poker.
- OVERCALL - To call a bet after one or more players already called.
- TAPPED [OUT] - Out of money. Can refer to a player running out of money in the course of a hand, thus still active for the main pot; or can refer to a player who has lost his bankroll and can no longer play.
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