Like in a poker game, secondaries players are patiently sounding out who is bluffing and who has a real hand in their …

Like in a poker game, secondaries players are patiently sounding out who is bluffing and who has a real hand in their search for assets. This has left the market slow and nervous.

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Sun, March 22nd, 2009

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Poker argot:

  • NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
  • TRIPS - Three of a kind. In Hold'em the term SET is used when two of the three cards are hole cards.
  • TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".
  • FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
  • REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.
  • POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.
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