Home tournaments are best place to hone skills

Before you decide to enter the big-time arena of million-dollar poker tournaments, you might want to practice your craft at home with friends first. All you really need to set up a tournament are some cards, poker chips, a table, and, oh yeah, breathing bodies. Of course if you want to be a good host, you might want to provide some munchies and beverages, too.

Depending on what your guests are comfortable with, the first thing you’ll have to agree on is the buy-in for the tournament. You can play…

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Poker dictionary:

POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
NICKEL - Five dollars, usually represented by a red casino check.
MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".

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