Weak poker trade drags on PartyGaming

Analysts once again slashed their full-year earnings forecasts for PartyGaming after the online gaming group cautioned that trading at its core poker unit had been weaker than expected.

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Fri, August 29th, 2008

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Useful poker information:

  • EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
  • FACE CARD - A jack, queen or king (a card with a face on it, not joker).
  • LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
  • HIT - To make a hand or catch a card or cards that improves one's hand. "I hit a gut-shot draw on the river."
  • SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
  • TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".
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