Originally Posted By: wofahulicodoc

FOUR-FLASH - either H or EEEE, depending on how long you waited between flashes

It's Morse Code - "dot dot dot dot".

PEONY-ANTE - the florists' poker game
PENNE-ANTE - the pasta-lover's poker game
PENNSY-ANTE - the rail commuter's p.g.
You get the idea.

Or, on a different tack altogether:
PENNY-ANE - an old Beatles Christmas song (no L)