Internet Gambling Legislation: What’s Next

The House Financial Services Committee’s passage of Barney Frank’s bill to license and regulate Internet gambling has some overly excited poker players talking about the imminent federal legalization of the activity they love.

The reality is…

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Tue, August 3rd, 2010

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Poker lingo:

  • WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
  • S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
  • SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
  • QUALIFIER - A minimum standard that a hand must meet in order to win. Usually applied to the lowball side of a high-low split pot.
  • COLD CALL - Calling both a bet and raise at the same time, as opposed to calling a bet then later calling a raise made after the call.
  • SHARK - A good/crafty player often posing as a fish early in the game.
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