On Poker: All bets are on for rebuy tournaments

There is nothing to fear as long you know what you are getting into.

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Wed, August 29th, 2007

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Poker argot:

  • AMERICAN AIRLINES - In Hold'em, a pair of Aces in the hole. Better known (at least in rec.gambling) as POCKET ROCKETS.
  • 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.
  • MIDDLE POSITION - Betting positions approximately halfway around the table from the first player to act.
  • IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
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