Forbes: Is US Cracking Down on Online Poker

The battle over the future legal status of online poker in the United States has once again made it to the front pages, this time in a big feature article in the latest edition of Forbes business magazine.

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Sat, February 20th, 2010

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Casino poker language:

  • UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
  • ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
  • BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
  • NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
  • PAT HAND - In draw poker, a hand that does not need any more cards. Specifically, a straight, flush, full house or straight flush. One might bluff and represent a pat hand but actually hold something else.
  • LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
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