Top Ten Poker Stories of the 2009: #4, PartyGaming Acquires the World Poker Tour

PartyGaming’s decision to acquire the World Poker Tour has positioned the company with a vehicle that will help to re-embed the company in the U.S.-facing market once the UIGEA is repealed. Considered one of the top stories of the year by many…

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Useful poker terms:

FAMILY POT - A pot where all of the players at the table are participating, even after each has had an opportunity to act.
RAIL - A barrier dividing the card playing area from a public area.
BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
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.
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.
FOUR OF A KIND - A hand containing all four cards of the same rank.

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