‘60 Minutes’ report: How online gamblers unmasked cheaters
In the wild, wild west, when a poker player was caught cheating it was a capital offense, with the punishment quickly dispensed right across the card table. But today if you’re caught cheating in the popular and lucrative world of Internet poker, you may get away scot-free.
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Poker argot:
- GOOD GAME - A game with players worse than you so that you can expect to win a lot of money.
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- TAP - In no-limit games, to wager all of one's money in one bet.
- BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
- PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
- EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
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