Brazen bandits hold up big Berlin poker tournament

Armed robbers today struck at Germany’s largest poker tournament, stealing money and injuring gamblers, police said. The masked gang burst into the Grand Hyatt hotel in central Berlin, where the tournament was taking place, threatening security staff and prompting a brief panic, police spokeswoman Heidi Vogt told AFP. Berlin…

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Casino poker language:

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.
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.
ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
POT - The total amount of money bet so far in a hand.
BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.

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