Chuck Blount: Using small-business approach helpful in poker

There are a lot of similarities between a serious poker player and the owner of a small business. The small-business owner is forced to pay attention to detail, carefully managing the books and doing whatever it takes to turn a small profit. They must stay within their budget, because failure to do so over time can lead to the business being forced to shut down.

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Poker lingo:

• NICKEL - Five dollars, usually represented by a red casino check.
• POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
• POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.
• FREE CARD - A card dealt after all players checked in a betting round.
• 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".
• FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.