Joe Hachem, winner of 2005 World Series of Poker main event
In 1998, the movie Rounders starring Matt Damon and Edward Norton gave moviegoers a romantic view of poker as a way of life. Texas hold ‘em was the main game played during the movie and the no-limit variety was described, [...]

The United States could raise nearly $52 billion in revenue over the next decade by lifting a three-year-old ban on Internet gambling and taxing the activity instead, according to a study.

Each player in turn (in the order of play), ending with the dealer, totals up the points in his hand, including the turn-up card, and pegs the amount. The order in which this is done is important as a player who tallies his score first may peg out and thus win the [...]

The United States could raise nearly $52 billion in revenue over the next decade by lifting a three-year-old ban on Internet gambling and taxing the activity instead, according to a study.

There are many scenarios where the gambler’s fallacy might superficially seem to apply, where it in fact does not.

When the probability of different events is not independent, the probability of future events can change based on the outcome of past events. An example of this is cards drawn without replacement. It’s true [...]

Wynn Swings To Loss On Charges, Gambling Revenue Decline

Caribbean stud poker is a casino table game with rules similar to five card stud poker. However, unlike standard poker games, Caribbean stud is played against the house rather than against other players (and, like most such games, it cannot be beaten in the long run). There is no bluffing or other [...]

LITTLE ROCK — Speaking to a legislative panel last week on planned legislation to create Arkansas’ state-run lottery, House Speaker Robbie Wills said a portion of unclaimed prize money would go to the state’s programs to help people with gambling addictions.

LITTLE ROCK — Speaking to a legislative panel last week on planned legislation to create Arkansas’ state-run lottery, House Speaker Robbie Wills said a portion of unclaimed prize money would go to the state’s programs to help people with gambling addictions.

The Nassau bet is a type of bet in golf that is essentially three separate bets. Money is wagered on the best score in the front 9, back 9, and total 18 holes. The Nassau is one of golf’s most classic and most popular wagers.The amount of the bet is established — [...]

A senior Democratic lawmaker will push legislation this year to repeal a U.S. ban on Internet gambling that has hurt trade ties with the European Union, a congressional aide said.

The best hand in badugi, a four-high badugi.
Badugi (also known as Badougi or Padooki) is a draw poker variant similar to triple draw, but with differing hand values than traditional poker. The betting structure and overall play of the game is identical to a standard poker game, but unlike traditional poker which [...]

A majority of Florida voters wants the Legislature to approve a gambling agreement that expands games but they don’t want a university tuition hike, according to a new poll from Quinnipiac University.

American Indian tribes in Texas are trying again to reopen their casinos with legislation filed Tuesday that would provide a defense to prosecution for tribes that operate limited casino gambling.

Racino is a portmanteau for a combined race track and casino. In some cases, the gambling is limited to slot machines, but many locations are beginning to include table games such as blackjack, poker, and roulette.In 2003, Joe Bob Briggs described the economic motivation of race track owners to convert into [...]

The WSOP logo.
The World Series of Poker is the most prestigious set of poker tournaments in the world.
Links

Official WSOP Site
World Series of Poker Event Champions List
World Series of Poker Retrospective
WSOP Photo Gallery
2005 World Series of Poker Photo Gallery
Commentary on numerous final [...]

A Chinese court on Sunday jailed 20 people in what is thought to be the country’s biggest ever online gambling case, state media reported.

The set-up
Tiles are randomized on the table, and are stacked into eight stacks of four tiles each. This assembly is known as the woodpile. Various ritualistic “shuffles” are made, rearranging the tiles in the woodpile in standard ways that result in a new woodpile. Bets are then made.
Next, each player (including the [...]

ASHEVILLE, N.C. (AP) – Top law enforcement officers in western North Carolina said Friday that they’re frustrated a Texas company is allowed to operate video gambling equipment in the state despite antigambling laws.

idiot end, ignorant end
The bottom end of a straight.

immortal
Unbeatable; often said of a hand that a player knows cannot be beaten under the circumstances of play. Also “lock”, “nuts”.

improve
To achieve a better hand than one currently holds by adding or exchanging cards as provided in the rules of the [...]