Daley: Those opting out of video poker law shouldn’t see profits

Cities and towns that opt out of a new video poker law should not be allowed to share in the windfall profits, Mayor Daley said today. “If everybody opts out, then you have no infrastructure. You have no roads, no bridges, no schools, no parks. You have nothing. You can’t opt out and say, ‘I want all the benefits.’ That’s truly unfair,” Daley said. “If you don’t want the money, you’re not gonna …

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Tue, July 28th, 2009

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Poker terminology:

  • BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
  • POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
  • FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.
  • POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
  • DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.
  • TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
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