Five Card Draw Poker
5-card Draw poker is one of the simplest forms of poker and this is why most beginners learn poker by playing this game. The game starts with each player placing the ante then each player is dealt five cards. Players will look at their cards and a round of betting begins. After it ends, each player will specify the number of cards he wants to discard. The dealer will then give each player replacement cards for the cards they did not hold.
After players get the replacement cards, the five cards they have is their final poker hand. Another round of wagering will begin and it is followed by the showdown. The showdown is when each player shows his hand so the winner can be determined.
Recent 5 Card Poker News
History is in the making in the state of New Jersey as the state is very close to legalizing online gambling which makes the 26th of February a pivotal day in the history of the state. This is because on that day, the legislature of the state of NJ is going to vote on the online gambling legislation bill that they have amended. This new bill is the same bill that was vetoed by the governor of the state, Chris Christie but this bill incorporates all of the amendments and changes that the governor has asked for. He asked for a few changes that if incorporated, he said he would not hesitate to sign the bill. If he accepts this new bill, he is going to lift the conditional veto on the original measure, thus, legalizing online gambling in New Jersey.
The legislatures and lawmakers of New Jersey were pressured, as last week, Brian Sandoval, the governor of the state of Nevada has signed a new internet poker bill into the law of Nevada. This urged New Jersey lawmakers to speed things up in order to join their fellow American states such as Delaware and Nevada in legalizing online gambling.
It is reported that all of the amendments that Governor Chris Christie has asked for have been met in the bill, this is why it is expected that the bill will be approved and signed into law. The conditional amendments that the governor has asked to include a ten year period for trial, a fifteen percent tax rate on GGR and the increase of the yearly funding that goes to fighting problem gambling. This would increase the funding from 150 thousand dollars to 250 thousand dollars.
It is also reported that the new bill of New Jersey does not have the “Bad Actor” clause that is present in the Nevada online gambling bill. This clause would prevent any online gambling entity that used to offer services in the US prior to the UIGEA from offering gambling services for 5 years.
This clause could cause a lot of problems for PokerStars which has recently applied for the permission of the state to take over Atlantic Club, as this clause is applicable on it.