2012 Aussie Millions Day 18: Oliver Speidel Wins the Main Event

A recap from Day 18 of the 2012 Aussie Millions. Oliver Speidel wins the Main Event for $1.6 million; Dominykas Karmazinas captures $25K Shootout title.

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Sun, January 29th, 2012

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Casino poker language:

  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • DOUBLE BELLY BUSTER - A two-way inside straight. E.g., 3-5-6-7-9.
  • RAISE - To wager more than the minimum required to call, forcing other players to put in more money as well.
  • BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
  • STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
  • SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
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