B&M Casinos Come Up Short in First Quarter
The general rule of thumb is that vices do comparatively well during economic downturns, but that appears not to be the case for brick-and-mortar casinos in the first quarter of 2008. From Tropicana’s bankruptcy filing…
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Poker dictionary:
- DEAD MONEY - Money contributed to the pot by players who have folded.
- 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.
- CUT - To break the deck into 2 stacks of at least 5 cards each. Usually performed by the player to the dealer's right to insure that the the deck is not stacked.
- TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
- STAND OFF - To call a raise. "Opener raises, I stand off".
- 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.
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