Markup Scheduled for Frank’s Internet Gambling Bill

Barney Frank will fulfill his promise of holding a markup on his Internet Gambling Regulation, Consumer Protection and Enforcement Act in July. The chairman scheduled the markup for Tuesday in the House Financial Services Committee.

This could…

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Fri, July 23rd, 2010

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Casino poker language:

  • FREE CARD - A card dealt after all players checked in a betting round.
  • FLOP GAME - Any of a number of poker games where a flop is dealt.
  • BUNNY - An eight. So named because one can easily draw "rabbit ears" above the numeral 8, "paws" in the middle and "feet" at the bottom. (Do this only at home, and not on cards that will be used for play.)
  • ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
  • EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
  • PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
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