Poker Players Vow to Fight Payment Seizures

The Poker Players Alliance has vowed to lead the legal fight on behalf of online poker players after the US Attorney for the Southern District of New York seized over $30 million belonging to at least 24,000 online poker players last week.

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Wed, June 17th, 2009

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Poker argot:

  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
  • SIDE POT - When an active player runs out of money during the course of a hand, the remaining players participate in a second or SIDE POT for the rest of the hand. Additional side pots are possible if several players run out of money at different points in a hand.
  • LEAK - To show one's hole cards (often unknowingly).
  • BUTTON - A distinctive token held by the player sitting in the theoretical dealer's position, when a house dealer is used. The button rotates around the table so that every player has an opportunity to be the last to act. Also, "THE BUTTON" can refer to the player who currently has the button. ("I was the button and called the blind".) Synonyms: BUCK, PUCK.
  • TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
  • IN - Still eligible to win the pot. "I'm in" is often spoken as one adds chips to the pot, calling.
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