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Online poker took a major hit with the passing of the Unlawful Internet Gambling Enforcement Act of 2006 as numerous companies were forced out of the U.S. marketplace due to investor and legal concerns….

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Tue, December 19th, 2006

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Poker terminology:

  • PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
  • LIVE [CARD] - In Stud, a card probably not held by other players.
  • UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
  • OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".
  • FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
  • 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.
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