Victoria Coren: How to play poker

Poker: Victoria Coren on how she managed, last Sunday, to win the European Poker Championship and £500,000.

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Thu, September 28th, 2006

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Poker lexicon:

  • EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
  • 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.
  • PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
  • BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
  • SIXTH STREET - The sixth card dealt in 7-card stud.
  • FLOP GAME - Any of a number of poker games where a flop is dealt.
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