Cut Off Poker Term
All In:
In poker, going all in means betting your entire stack on a single hand.
Bean:
In poker, a bean or an ante bean is a term that refers to the ante or the chip that is used to place the ante.
The Cutoff (CO) refers to a position at the table in a poker game. It is one spot to the right of the Button (BTN). In this seat players will usually raise more speculative hands as they can blind steal and play with the advantage of position post-flop when they get called. What is Cutoff in Poker? The cutoff is the seat directly to the right of the button. It is generally considered the second best seat at the table after the button.The cutoff usually gets to act last (be in position) on the later betting rounds so long as the button is not involved in the pot.
Poker Terms - Common Phrases and Acronyms. In poker, there is practically a library of poker terms that are commonly used. For the uninitiated, these terms can sound like a completely different language, when a poker player says, 'I flopped a belly buster on a rainbow board', when they are really saying that they have an inside straight draw, after the dealer dealt the first three cards, all. In this video, I tell you 8 Poker terms that you should know. Poker player use words and terms all the time. Some of these terms are known because they are tossed around regularly (even by non. Collusion – The term “collusion” refers to a type of cheating where 2 or more players secretly work together to win chips off other unsuspecting players. Colouring Up - Changing lots of low denomination chips for a smaller amount of higher denomination chips.
Chalk:
In sports betting, picking the chalk or betting the chalk means betting on the favorites.
Cooler:
In poker, a cooler is a case in which somebody plays a very strong hand that justifies placing the maximum bet, but is still beaten by an even stronger hand.
Cover:
In most cases, covering the bet simply means accepting the bet for play or putting enough money on the line to pay for the action.
Dime:
In gambler parlance, a dime is a $1,000 wager.
Double Down:
Double down is a blackjack term and is the name of one of the decisions that a player can make as the game goes on.
EV:
EV, or expected value, is what the player could expect to win or lose per a single game if he was to place the same bet in the same situation an infinite number of times.
Fade:
To fade means to bet against, particularly when referring to betting against a person.
Fish:
In poker lingo, the term “fish” is used to describe an extremely unskilled player who tends to play a loose game, but remains passive regardless of the situation at the table, or makes aggressive moves when he shouldn’t.
Hook:
In sports betting, the term “hook” refers to a half-point. Consequently, saying “two and a hook” is the equivalent of saying “two and a half.”
Heater:
A heater is a series of events in any game of chance occurring within a short, concise time frame, and resulting in a positive outcome for the player involved.
Handle:
In sports betting lingo, the term handle is often used by the bookmakers to describe the total amount of money wagered over a specific period of time.
Hedge:
In online sports betting, to hedge means to make a bet or a series of bets that take the opposite site of your original position in order to reduce the risk involved or lock in some profit.
Juice:
Juice, also referred to as vigorish, vig, the take or the cut, is the amount charged by a live bookmaker or a sports betting site for its services.
Kitty:
In home poker games, a kitty is a pool of money that has been built by collecting small, predetermined amounts from specific pots or even every single pot.
Long Term:
Whether you’re talking about sports betting, casino games or poker, the term “long term” refers to the overall profitability over prolonged periods of time.
Marker:
Casino and card room markers are special credits that allow players to receive easy access to large amounts of money on the spot.
Middle:
In sports betting, playing the middle means placing two bets on opposite teams or totals with advantageous point spreads or lines, usually at different sports books.
Moose:
In sports betting, a moose is simply the equivalent of a poker bad beat – a bet that goes horribly wrong despite the fact that everything was progressing just as planned and the punter seemed to have the odds going in his favor.
Mush:
To mush means to create bad luck for others in gambling situations.
Nickel:
In gambling lingo and especially in the sports betting world, a nickel is a $500 wager.
Overlay:
In poker, an overlay is the gap between a tournament’s guaranteed prize pool and the actual prize pool generated by entrants.
Over Under:
In sports betting, an over under bet refers to a wager in which the sports book predicts a number for a statistic in the game in question, and the bettors have to wager whether the actual result will exceed that prediction or end up being lower.
Parlay:
In sports betting, a parlay, also known as an accumulator, is a combo wager that links together two or more individual bets.
PK:
In sports betting, “PK” is an abbreviation for “pick” or “pick’em” and refers to even money wagers in point spread betting.
Pony:
In sports betting, a pony is British slang for a sum of £25.
Press:
In gambling, particularly in sports betting, to press means to bet a larger amount than usual or to double up.
Punter:
In British and Australian sports betting slang, particularly when it comes to horse race betting, the term “punter” is simply a synonym of the word “bettor” or “gambler,” and is used to refer to a person who bets on the outcome of a sporting event.
Push:
In poker and other competitive gambling games, to push means to go all in.
Shark:
A card shark is an expert card player whose skills enable him to take advantage of weaker players.
Sharp:
In sports gambling, the term “sharp” is used to refer to intelligent and astute bettors.
Shoe:
A shoe is a casino device which is used for holding and dispensing playing cards to be dealt.
Snake Eyes:
Snake eyes is the outcome of rolling two dice in any gambling game and getting one pip on each die.
Steam:
In sports betting terminology, “steam” refers to a sudden rush of money all coming in on one team or total, which results in rapid line moves.
Square:
In gambler parlance, and especially in sports gambling terminology, a square is simply an extremely inexperienced player, who is completely incapable of thinking outside the box, or of his “square.”
SU:
In sports betting terminology, SU is an abbreviation for “Straight Up”, which refers to the record of a team without factoring in the spread.
Tell:
In poker, the term “tell” refers to a change in a player’s behavior that gives clues as to what type of hand he or she might be holding.
Tilt:
In poker, the term “tilt” is used to refer to the state of frustration or confusion in which the player tends to adopt a less-than-optimal strategy due to emotional reasons.
Unit:
In sports betting, a “unit” is a measurement of the size of a punter’s bet.
Vigorish (Vig):
In sports betting, vigorish is a straight synonym for the juice. However, in casino gaming, vig may refer to the natural, built-in advantage the house has on most wagers. Vigorish may also refer to rake in poker.
Whale:
A whale, also referred to as high roller, is a player who wagers massive amounts of money.
Yankee:
In sports betting and horse race betting, a Yankee is a full coverage combination bet, which is made up of four selections.
Position in poker refers to the order in which players are seated around the table and the related poker strategy implications. Players who act first are in 'early position'; players who act later are in 'late position'; players who act in between are in 'middle position'.[1] A player 'has position' on opponents acting before him and is 'out of position' to opponents acting after him.[2] Because players act in clockwise order, a player 'has position' on opponents seated to his right, except when the opponent has the button and certain cases in the first betting round of games with blinds.
Position in Texas hold 'em[edit]
The primary advantage held by a player in late position is that he will have more information with which to make better decisions than players in early position, who will have to act first, without the benefit of this extra information. This advantage has led to many players in heads-up play raising on the button with an extremely wide range of hands because of this positional advantage.[3] Also, as earlier opponents fold, the probability of a hand being the best goes up as the number of opponents goes down.
The blinds are the least desirable position because a player is forced to contribute to the pot and they must act first on all betting rounds after the flop. Although the big blind has a big advantage on the first round of betting, it is on average the biggest money losing position.[citation needed]
Texas hold 'em example[edit]
There are 10 players playing $4/$8 fixed limit. Alice pays the $2 small blind. Bob pays the $4 big blind. Carol is under the gun (first to act). If Carol has a hand like K♥ J♠, she may choose to fold. With 9 opponents remaining to act, there is approximately a 40% chance that at least one of them will have a better hand than Carol's like A-A, K-K, Q-Q, J-J, A-K, A-Q, A-J or K-Q. And even if no one does, seven of them (all but the two players in the blind) will have position on Carol in the next three betting rounds.
Now instead, suppose David in the cut-off position (to the right of the button) has the same K♥ J♠ and all players fold to him. In this situation, there are only three opponents left to act, so the odds that one of them has a better hand are considerably less (only around 16%). Secondly, two of those three (Alice and Bob) will be out of position to David on later betting rounds. A common play would be for David to raise and hope that the button (the only player who has position on David) folds. David's raise might simply steal the blinds if they don't have playable hands, but if they do play, David will be in good shape to take advantage of his position in later betting rounds.
See also[edit]
References[edit]
- ^'Poker Tables'. Carbon Poker. Retrieved 3 June 2014.
- ^'Poker Position'. CardsChat. Retrieved 3 June 2014.
- ^Badger, Steve. 'Changing Position in Poker'. Steve Badger Poker Strategy. Retrieved June 29, 2017.