Poker Glossary in no particular order
Structure-The timing and blind amounts determine the structure of the game. If it is too slow the game will be tight, too short and it feels like bingo. Extra forced bets for every player called antes are added to induce more action also.
Table draw-The card draw for seating positions determines who sits where. It is an advantage to sit to the left of any opponent and a big disadvantage to have a skilled player to your left. The money in the game flows clockwise so a player splashing his chips around will usually donate them to the player on their left or two seats to their left. This is all related to table position.
Position-Being in position means acting after a player post-flop. For example if they check then you are then in a good position to bet and take the initiative in the hand. If you are out of position you must act first, losing more chips if you bet when behind, and leaving yourself vulnerable to being bluffed when you are ahead. The small blind is the worst position on the table as you always act first after the flop.
Steal-Raising in position pre-flop with the intention of winning the blinds (and antes.) The closer your seating position to the button the more likely this is to be a garbage hand.
Soft-play-Not betting or raising when you are clearly ahead and your opponent is likely to call with a worse hand. Eg you hold 99 on a A924K board and your opponent calls flop, turn and you check the river even though their most likely hand is Ax.
Ax-Shorthand for Ace+any second card below a 10. This is the most badly played hand in microstakes /small stakes poker according to authors such as Dan Harrington. Vicky Coren also devotes several pages of her book ‘For Richer For Poorer’ to describing how she learned to stop automatically playing Ax hands on her journey to becoming a poker professional. In short, the hand is often dominated by a better ace, or makes a weak pair that is beaten by a disguised stronger hand.
Domination-A situation where a hand is ahead in numerical and maybe suit value. In a heads up pot AcQs dominates AdJh in numerical value and Kc10d dominates Qc7d in both value and suits.
Value-bet-A bet that is designed to be called by enough hands in your opponent’s likely range of hands to make it a profitable bet in the long run. Eg you hold 99 on a A924K board and your opponent calls flop and turn. You should value bet the river because they will likely call with any Ace, 222, 444 etc. It is also possible they have AAA or perhaps, KKK or maybe even A2345 but there are more hands that you beat than not, so you bet for value.
The long run/the law of large numbers-Poker is a game of chance that is arguably beaten in the long run by more skilled players who play in an appropriately sized/skilled game for them. When considering any decision one must ask oneself ‘What will happen if I repeat this action 100, 1000, 10000+ times?’ If the bet or call or fold looks to be a profitable decision in the long run, then go ahead and make it. Poker decisions should not be made in isolation, nor played on whims unless you have a cast iron tell on a player that may tip a close decision one way or the other. In theory the law of large numbers should ensure that a 54% advantage for example results in profit in the long run, even if your opponent sucks out in the short term. Folding a hand can be the correct decision in the long term, since you profit if you lose less than you would have lost by calling if you were behind. This concept is linked to the variance of results since you can do the right thing and lose out 10-20 times in a row easily in poker. Some players go out of their way to avoid high variance situations with weaker players, preferring to profit more when they are clearly ahead, and not risk an ‘all in’ situation with a slight advantage in their favour.
Tell-Players may betray the strength of their hand though their body language or actions. Mike Caro explained in his seminal ‘Book Of Tells’ and video seminars that if someone acts weak they are strong and vice versa. This is because they are consciously trying to deceive you but lack the acting skill to do anything other than the opposite of how they feel about their hand. If you think this is nonsense then ask yourself: have you ever picked up pocket aces or kings, slapped them down quickly and nonchalantly looked around the room, or perhaps quickly struck up a conversation with the player next to you?! Tells can be so transparent it is hilarious, even from professional players, so take Caro’s advice “Don’t look at the flop, look at the player looking at the flop”!
Three-bet-To raise someone who has already raised pre-flop. So-called because the first bet raises the big blind (two-bet) and the reraise ups the stakes further still to a three-bet. To three-bet you traditionally needed QQ, KK or AA in the pocket, but in the modern game it could be virtually any two cards depending on the dynamic of the game.