Party Stock Rises on U.S. Settlement Rumor
On Friday, shares of PartyGaming Plc., owner/operators of PartyPoker, rose ten percent on speculations that the online company had reached a settlement with the Department of Justice (DOJ). Although no charges have ever been filed…
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Poker jargon:
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- CAP - To cap the betting is to make the last permitted raise in a round.
- ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
- 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.
- SPREAD LIMIT - A variation on fixed limit wherein the minimum and maximum bets are different. A 1-4-8 game allows bets from 1 to 4 in the early rounds and 1-8 in the last round. A 1-4-8-16 game allows bets from 1 to 4 in the early rounds, 1 to 8 in the next-to-last round, and 1 to 16 in the last round.
- STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
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