Optimism During National Poker Week

A Senate companion bill to Barney Frank’s legislation to regulate online gambling will be introduced soon, Poker Players Alliance Executive Director John Pappas said last week.

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Thu, July 30th, 2009

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Poker argot:

  • PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
  • 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.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • EDGE - An advantage over an opponent, either specific or subjective.
  • LAY ODDS - To give favorable odds to an opponent.
  • GUT SHOT - A draw to an inside straight, as in 2-3-4-6.
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