Industry Surprised as Cereus Poker Network Sold

August 30 - CE of Blanca Games says that the acquisition is a "rare opportunity" for the group.

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Mon, August 30th, 2010

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Poker lingo:

  • BOAT - A FULL HOUSE, three of a kind and a pair.
  • COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
  • FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
  • RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
  • FULL HOUSE - A hand consisting of 3-of-a-kind and a (different) pair.
  • SEVENTH STREET - The seventh card dealt in 7-card stud.
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