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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Poker lingo:

  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
  • SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
  • STRAIGHT FLUSH - A hand consisting of 5 cards in sequence and the same suit.
  • STRAIGHT - A hand consisting of 5 cards in sequence but not in suit.
  • POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
  • 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.
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