WPT Faces Bad Beat on Stock Exchange

The World Poker Tour Enterprises may lose its listing on NASDAQ according to recent reports. The company’s stock dropped below the NASDAQ min limit of $1, where it stayed for 30 days. The WPT stock closed at $1.04 on the first of July, and has been at under a dollar ever since…

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Poker lexicon:

HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
BUNNY - An eight. So named because one can easily draw "rabbit ears" above the numeral 8, "paws" in the middle and "feet" at the bottom. (Do this only at home, and not on cards that will be used for play.)
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.
MAIN POT - The main pot, as related to one or more side pots, when there are one or more all-in player(s). The main pot is the one in which all active players participate.

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