This Week Could Mark Online Poker Bill in US

The online poker bill put forth by Joe Barton in the US could be reviewed as early as this week. The online poker bill would go before the US House of Representatives. If the bill were turned into law it would regulate online poker rooms in the US, allowing poker players to get on with their past times without any concerns they were violating poker law. In keeping with the small- government attitude of many in the US, the bill would allow for a provision that would give individual States the opportunity to opt out of the law.

 

The online poker bill put forth by Joe Barton in the US could be reviewed as early as this week. The online poker bill would go before the US House of Representatives. If the bill were turned into law it would regulate online poker rooms in the US, a

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Mon, June 20th, 2011

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Poker talk:

  • TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
  • 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.
  • STRAIGHT FLUSH - A hand consisting of 5 cards in sequence and the same suit.
  • 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.
  • RAGS - Board cards that are small, not suited and not in sequence, e.g., 9-5-2. When "rags flop", it is unlikely that anyone has a good hand, except possibly the big blind in an unraised pot.
  • POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
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