Savvy players know how to manage bankroll
Making good decisions based on your current financial situation might just be the most important element you’ll deal with when playing poker.You’ll often be at the mercy of the cards since there is undeniably an element of luck in poker. The deck will ultimately decide your fate.For that reason, you should establish strict rules for yourself that define how much money you’re willing to risk and what limits to play.Let’s say, for example, you have $1,000 that you’ve set aside as your poker bankro
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Casino poker language:
- WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
- FOLD - To decline to call a bet, thus dropping out of a hand.
- TIGHT - [1] A style of play that entails playing fewer hands than average. Antonym: LOOSE. [2] A FULL HOUSE.
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