The most important part of poker math is pot odds. You compare the cost of a bet to the size of the pot, then compare …
The second part of pot odds involves implied odds, which are not just the cost of a bet compared to the size of the current pot, but the total size of the pot you anticipate at the end. The payoff can be big, as aggressive pro Mark Seif showed at the World Poker Tour’s $15,000-buy-in Doyle Brunson Five Diamond World Poker Classic at Las Vegas’
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Poker slang:
- LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
- STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
- OFFSUIT - Not of the same suit. "I held A-Q offsuit" or "The flop was 10-6-2 offsuit". When speaking of 5 or more cards, not all/ of the same suit, i.e., no flush, as in "button had A-K-10-8-7 offsuit."
- DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
- FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
- 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.
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