The True Cost Of Playing Tournament Poker Like A Pro

So you fancy yourself a professional poker player, and that means you want to compete in every World Poker Tour, World Series Of Poker, and WSOP Circuit event on the calendar. In 2005, entering all the biggest poker tournaments in the world would have set you back an initial investment of $355,550 in tournament buy-ins alone!

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Wed, January 4th, 2006

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Poker jargon:

  • DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
  • THIRD STREET - In Stud, the third card dealt to each player.
  • LIVE [CARD] - In Stud, a card probably not held by other players.
  • OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
  • SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
  • DOUBLE BELLY BUSTER - A two-way inside straight. E.g., 3-5-6-7-9.
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