NH legislators approve poker tax
New Hampshire legislators have passed a new tax on Texas Hold ‘Em and other poker games being run by charities.
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Useful poker terms:
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- 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.
- STAND OFF - To call a raise. "Opener raises, I stand off".
- DECLARE - In high/low games, declaring one's hand as high or low or both ways (usually done with chips in hand). Usually played in home games; casinos tend to play CARDS SPEAK.
- 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.
- UNDER THE GUN - The position that has to act first in a round of betting.
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