WPTE Posts Another Loss, Changes Online Gaming Strategy

Analysts were prepared for another loss from World Poker Tour Enterprises, Inc. this quarter. The shift from the Travel Channel to GSN for the televised WPT series had resulted in lower per episode fees, WPTE’s online money site…

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Fri, August 8th, 2008

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Poker slang:

  • SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
  • WALK - A pot won by the last blind when no one opens.
  • STRAIGHT FLUSH - A hand consisting of 5 cards in sequence and the same suit.
  • RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
  • FOURTH STREET - In stud poker, the fourth card dealt to each player. Sometimes used to refer to the fourth community card dealt in Hold'em, although the more common term for this is TURN (q.v.).
  • BAD GAME - Any game in which you figure to be the loser, because the other players are better than you.
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