888 Posts Disappointing Revenue Report

April 30 - Most of the losses were brought on by 888 Holding’s underperforming poker and bingo brands.

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Fri, April 30th, 2010

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Poker jargon:

  • FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
  • ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
  • SPREAD LIMIT - A variation on fixed limit wherein the minimum and maximum bets are different. A 1-4-8 game allows bets from 1 to 4 in the early rounds and 1-8 in the last round. A 1-4-8-16 game allows bets from 1 to 4 in the early rounds, 1 to 8 in the next-to-last round, and 1 to 16 in the last round.
  • RIVER - The last card dealt in a hand of stud or Hold'em.
  • LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
  • RAIL - A barrier dividing the card playing area from a public area.
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