University Study: Poker is a Game of Skill
In a game of luck, instruction and strategy are immaterial. This was the premise that guided Michael Dedonno and Dr. Douglas K. Detterman on their quest to determine if poker was a game of skill. Their paper in the current issue of…
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Poker argot:
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
- CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
- LOOSE - Playing more hands than the norm. Antonym: TIGHT.
- 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.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
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