Chuck Blount on Poker: Players tout game as ‘microcosm of life’
A Harvard Law professor is trumpeting poker as a game of skill that translates into all forms of day-to-day living. Charles Nesson founded the Global Poker Strategic Thinking Society this year.
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Poker terminology:
- BRODERICK CRAWFORD - In Hold'em, hole cards of 10-4. From the 1950s TV series "Highway Patrol", starring Broderick Crawford.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
- 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.
- TIGHT - [1] A style of play that entails playing fewer hands than average. Antonym: LOOSE. [2] A FULL HOUSE.
- FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
- FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
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