Poker players are a good bet for Wall Street, experts say
ROBYN BECK/AGENCE FRANCE-PRESSE Poker players like Joe Cada have skills that could make them good Wall Street traders. Brandon Adams, who teaches behavioral finance at Harvard Universitys Department of Economics, says some of the best candidates for Wall Street trading…
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Poker lexicon:
- STUD - Any of several poker games in which some of each players' cards are exposed.
- FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
- TURN - The fourth community card in Hold'em.
- WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- FREEROLL - [1] A poker tournament that does not charge a buy-in fee; players must earn buy-in credits through previous play at the same establishment. [2] Having a lock on part of a pot (sure to win a greater fraction of the pot than one is betting) and playing to win more or all of it.
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