Profits Up for PartyPoker Company
The company that owns the PartyPoker website, PartyGaming PLC, has put up a report showing that profits are up for the first half of the year, but growth is down. PartyGaming PLC owns more than poker sites, they also own bingo, sports betting and roulette sites, all of which contributed to the net profit of US$22.7 million. Revenue was also up, to US$254.8 million from US$217.4 million for the six months to June 30…
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Poker terminology:
- TURN - The fourth community card in Hold'em.
- TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
- PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
- 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.).
- PASS - Opposite of bet. To check, if checked to. To fold, if bet to.
- WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
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