Trump Entertainment Returns to Bankruptcy Protection
Last week, Trump Entertainment Resorts filed under Chapter 11, marking the third time the casino operator has sought bankruptcy protection. The filing had been anticipated since the company missed a $53.1 bond payment…
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Poker lexicon:
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
- RAGS - Board cards that are small, not suited and not in sequence, e.g., 9-5-2. When "rags flop", it is unlikely that anyone has a good hand, except possibly the big blind in an unraised pot.
- SHARK - A good/crafty player often posing as a fish early in the game.
- TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
- BELLY BUSTER - An inside straight draw. Same as GUTSHOT.
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