Poker, Probabilities, and the Professor
In the fall of 2005, University of Georgia professor (of statistics) Lynne Seymour offered an innovative freshmen course ‘How to Gamble If You Must’which dealt with poker and other card games…
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Useful poker information:
- READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
- 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.
- FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
- PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
- RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
- 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.
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