State to tax poker halls’ profits
The state would tax the growing charitable poker industry under a tentative deal cut by Senate and House negotiators yesterday. The deal also doubled the size of the maximum bet at such games, from $2 to $4.
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- Pacific Poker Profits Up
- Despite UIGEA 888.com profits up 34%
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- Online poker boom helps 888 boost yearly profits 34%
- Poker Machine Profit Up Down Under
- Wyoming Poker Players Win a Victory
Poker argot:
- OVER - A term used in describing two pair or a full house. "Kings over tens" means two pair, kings and tens. "Jacks over", also "Jacks up" describes a hand that is two pair: Jacks with an unspecified lower pair. Also used to describe a full house, distinguishing the three of a kind from the pair. The hand J-J-J-A-A could be described as "Full house, Jacks over Aces".
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
- POT - The total amount of money bet so far in a hand.
- 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.
- 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.
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