Tribal Alliance warns that Internet poker could cost the state money
As legislators consider legalizing online games, the coalition says a new law could violate existing compacts. As legislators consider making California the first state in the country to legalize and regulate Internet poker, a coalition of Indian gaming tribes warned them Friday that the proposal would not create the budget windfall backers claim and could actually cost the state hundreds of …
Related Poker News:
- Internet poker: No cash cow for state says California Tribal Alliance
- Card clubs, tribal casinos pushing to legalize Internet poker
- CTBA Releases Study on State Revenue Impacts of Internet Poker in California
- Tribal Poker Network Launches First Cross-Casino Networked Texas Hold ‘Em Game Play
- Poker Meeting Held in Florida
- Tribal groups study slams Internet poker
- Internet poker players want new deal
- Poker Players Alliance Petitions Timothy Geithner and Ben Bernanke
- Meskwaki Tribal Council approves poker for under-21 gamblers
- Another View: Indian gambling pact doesn’t ban Net poker in state
- Poker alliance renews attack on U.S. legislation
- Poker Players Alliance Invades Washington, D.C.
Poker lingo:
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
- HOOK - A Jack. So named because the "J" resembles a hook.
- 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.
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
- ANTE - A small bet all players are required to make before a hand is dealt. Not all games have an ante. Related terms: BLIND, FORCED BET.
- RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
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