Paddy Power Issues Invite to Obama

January 20 - Paddy Power vows to add $1 million to the tournament prize fund if Obama accepts its invitation to play.

PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
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.
JOKER - A 53rd card in the deck, distinct from the others, used as a wild card or as a BUG.
DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
SUITED - Two or more cards all the same suit. Ant: OFF-SUIT.

Poker Information