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:

  • CARDS SPEAK - Winner(s) of the hand are determined by turning their cards face up, the best hand(s) wins (no declaration).
  • KICKER - In hands containing pairs and trips, the highest card not matched. In draw games, sometimes a card kept for deception purposes.
  • 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.
  • STRAIGHT - A hand consisting of 5 cards in sequence but not in suit.
  • S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
  • FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
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