2008 WCOOP To Launch Next Week

August 30 - Poker Stars has offered a guaranteed prize pool of a staggering $30 million over the time period of the World Championship of Online Poker.

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Poker lexicon:

• SUICIDE KING - King of Hearts. So named because in the drawing the king appears to be stabbing himself in the head.
• 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.
• 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.
• BELLY BUSTER - An inside straight draw. Same as GUTSHOT.
• UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
• LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.