Professional Poker is a Business

Success at professional poker is widely different and is relative to what each individual professional poker players goals and needs are. Professional poker players are not all millionaires that make seven figure incomes every year. Some professional poker players may pull down as little as twenty or thirty thousand dollars per year, depending on their risk tolerance, skill level, and commitment. The one thing that all professional poker players have in common, however, is just that; PROFESSIONALISM! Professional poker is a business and professional poker players are businessmen.

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Mon, August 11th, 2008

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Poker terminology:

  • SPLIT [OPENERS] - In draw poker, to discard one or more openers, usually to draw to a straight or flush. Normally requires the opener to declare the act and retain the discards so that the act of opening can later be validated.
  • THIRD STREET - In Stud, the third card dealt to each player.
  • STUD - Any of several poker games in which some of each players' cards are exposed.
  • NICKEL - Five dollars, usually represented by a red casino check.
  • ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
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