Playtech Posts Record First Quarter Profits

Online gaming software provider Playtech had an exceptionally strong first quarter, primarily driven by the internal growth of its existing licensees. The release of Playtech’s key performance indicators had Playtech posting $39 million…

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Tue, May 13th, 2008

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Useful poker terms:

  • STRAIGHT - A hand consisting of 5 cards in sequence but not in suit.
  • BOAT - A FULL HOUSE, three of a kind and a pair.
  • POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.
  • FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.
  • 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".
  • DEALER'S CHOICE - In home games, a rule that permits the dealer to name which poker game to be played that hand. Often limited to selecting from a list provided.
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