French investment firm to buy Full Tilt Poker

Editors: THIS STORY IS UNDER EMBARGO UNTIL ERICA GETS THE CLEAR FROM THE LAWYER AT GROUPE BERNARD TAPIE

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Thu, November 17th, 2011

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Poker slang:

  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
  • LOOSE - Playing more hands than the norm. Antonym: TIGHT.
  • MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
  • LIVE [CARD] - In Stud, a card probably not held by other players.
  • SPLIT [OPENERS] - In draw poker, to discard one or more openers, usually to draw to a straight or flush. Normally requires the opener to declare the act and retain the discards so that the act of opening can later be validated.
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