Binion’s to Host Poker Classic

The former home of the World Series of Poker won’t be missing out on the poker fever at the end of the month. Binion’s is no longer the home of the WSOP, but they will be holding a poker festival at the same time. Starting two days before the WSOP on May 28th will be the 2nd annual Binion’s Poker Classic…

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Mon, May 26th, 2008

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Poker terminology:

  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
  • HOLE CARDS - In Stud and Hold'em, the face-down cards dealt to each player.
  • BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
  • HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
  • RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
  • TOP TWO PAIR - In flop games, having hole cards that make the highest possible two pair hand.
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