REPORT: Full Tilt Poker, DOJ Agree on Forfeiture Agreement; RICO Suit Dismissed

Full Tilt Poker and the U.S. Department of Justice agree on forfeiture agreement.

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Tue, January 31st, 2012

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Useful poker terms:

  • DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
  • LEAK - To show one's hole cards (often unknowingly).
  • 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.
  • 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.
  • SHARK - A good/crafty player often posing as a fish early in the game.
  • RERAISE - To raise after an opponent has raised.
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