Implicit Collusion
Morton's theorem is a poker principle articulated by Andy Morton in a Usenet poker newsgroup. It states that in multi-way pots, a player's expectation may be maximized by an opponent making a correct decision. The most common application of Morton's theorem occurs when one player holds the best hand, but there are two or more opponents on draws. In this case, the player with the best hand might make more money in the long run when an opponent folds to a bet, even if that opponent is folding correctly and would be making a personal mistake to call the bet. This type of situation is sometimes referred to as ''implicit collusion''. Morton's theorem contrasts with the fundamental theorem of poker, which states that a player wants their opponents to make decisions which minimize their own expectation. The two theorems differ in the presence of more than one opponent: whereas the fundamental theorem always applies heads-up (one opponent), it does not always apply in multiway pots. Th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Hold 'em
Texas hold 'em (also known as Texas holdem, hold 'em, and holdem) is one of the most popular variants of the card game of poker. Two cards, known as hole cards, are dealt face down to each player, and then five Community card poker, community cards are dealt face up in three stages. The stages consist of a series of three cards ("the flop"), later an additional single card ("the turn" or "fourth street"), and a final card ("the river" or "fifth street"). Each player seeks the best List of poker hands, five card poker hand from any combination of the seven cards; the five community cards and their two hole cards. Players have Betting in poker, betting options to check, call, raise, or fold. Rounds of betting take place before the flop is dealt and after each subsequent deal. The player who has the best hand and has not folded by the end of all betting rounds wins all of the money bet for the hand, known as the pot. In certain situations, a "split-pot" or "tie" can occur when tw ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poker Strategy
Poker is a popular card game that combines elements of chance and strategy. There are various styles of poker, all of which share an objective of presenting the least probable or highest-scoring hand. A poker hand is usually a configuration of five cards depending on the variant, either held entirely by a player or drawn partly from a number of shared, community cards. Players bet on their hands in a number of rounds as cards are drawn, employing various mathematical and intuitive strategies in an attempt to better opponents. Given the game's many different forms and various dynamics, poker strategy becomes a complex subject. This article attempts to introduce only the basic strategy concepts. The fundamental theorem of poker The fundamental theorem of poker, introduced by David Sklansky, states: Every time you play your hand the way you would if you could see your opponents' cards, you gain, and every time your opponents play their cards differently from the way they would pl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pot Odds
In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. Pot odds are compared to the odds of winning a hand with a future card in order to estimate the call's expected value. The purpose of this is to statistically guide a player's decision between the options of call or fold. Raising is an alternative to place this decision on the opponent. Calculating equity Pot odds are only useful if a player has enough equity. Equity is the chance a player has to win the hand at showdown. It is calculated as the fraction of remaining cards in the deck for each remaining street (sequential card being dealt, e.g. turn, river) that can give a player the winning hand. For example, in Texas hold'em, if a player has an inside straight draw on the flop, there are four remaining cards in the deck, or outs, that can give them a straight on the turn or the river. The addition law of probability combines the chances of making the straight on the turn (4/47 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pot (poker)
The pot in poker refers to the sum of money that players wager during a single hand or game, according to the betting rules of the variant being played. It is likely that the word ''pot'' is related to or derived from the word ''jackpot''. At the conclusion of a hand, either by all but one player folding, or by showdown, the pot is won or shared by the player or players holding the winning cards. Sometimes a pot can be split between many players. This is particularly true in high-low games where not only the highest hand can win, but under appropriate conditions, the lowest hand will win a share of the pot. See "all in" for more information about ''side pots''. See also * Glossary of poker terms The following is a glossary of poker terms used in the card game of poker. It supplements the glossary of card game terms. Besides the terms listed here, there are thousands of common and uncommon poker slang terms. This is not intended to be ... {{DEFAULTSORT:Pot (Poker) Poke ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Turn (poker)
The following is a glossary of poker terms used in the card game of poker. It supplements the glossary of card game terms. Besides the terms listed here, there are thousands of common and uncommon poker slang terms. This is not intended to be a formal dictionary; precise usage details and multiple closely related senses are omitted here in favor of concise treatment of the basics. A ; ace in the hole : One of the hole cards is an ace ; ace-to-five, ace-to-six : Methods of evaluating low hands. See lowball. ; act : To make a play (check, bet, call, raise, or fold) at the required time, compare to '' in turn''. ; acting out of turn : A player in poker that either announces their actions or physically plays before their turn (checks, folds etc.). Sometimes players act out of turn intentionally to get a read out of other players. When done intentionally, this is often referred to as "angle shooting." See angle shooting. ; action : A player's turn to act; a willingness to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Out (poker)
In a poker game with more than one betting round, an out is any unseen card that, if drawn, will improve a player's hand to one that is likely to win. Knowing the number of outs a player has is an important part of poker strategy. For example, in draw poker, a hand with four diamonds has nine outs to make a flush: there are 13 diamonds in the deck, and four of them have been seen. If a player has two small pairs, and he believes that it will be necessary for him to make a full house to win, then he has four outs: the two remaining cards of each rank that he holds. One's number of outs is often used to describe a drawing hand: "I had a two-outer" meaning you had a hand that only two cards in the deck could improve to a winner, for example. In draw poker, one also hears the terms "12-way" or "16-way" straight draw for hands such as , in which any of sixteen cards (4 fours, 4 fives, 4 nines, 4 tens) can fill a straight. The number of outs can be converted to the probability of maki ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nut Hand
Nut often refers to: * Nut (fruit), fruit composed of a hard shell and a seed, or a collective noun for dry and edible fruits or seeds * Nut (hardware), fastener used with a bolt Nut or Nuts may also refer to: Arts, entertainment, and media Comics * ''Nuts'', comic in the National Lampoon by Gahan Wilson (1970s) * ''Nuts'', comic strip in alternative newspapers by M. Wartella (1990s) Fictional characters * Nut (Marvel Comics), fictional character evoking the Egyptian sky goddess * Nut (movie character), character portrayed by Shing Fui-On in two late 20th-century Hong Kong crime films Films * ''Nuts'' (1987 film), American drama * ''Nuts'' (2012 film), French comedy * ''Nuts!'' (film), animated documentary on John R. Brinkley Television * John Acorn, the "nature nut" in series ''Acorn, The Nature Nut'' *NBC Universal Television Studio, or NUTS, former name of television arm of NBCUniversal / Universal Television * Nuts TV, British television channel related to ''Nuts'' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Flop (poker)
The following is a glossary of poker terms used in the card game of poker. It supplements the glossary of card game terms. Besides the terms listed here, there are thousands of common and uncommon poker slang terms. This is not intended to be a formal dictionary; precise usage details and multiple closely related senses are omitted here in favor of concise treatment of the basics. A ; ace in the hole : One of the hole cards is an ace ; ace-to-five, ace-to-six : Methods of evaluating low hands. See lowball. ; act : To make a play (check, bet, call, raise, or fold) at the required time, compare to '' in turn''. ; acting out of turn : A player in poker that either announces their actions or physically plays before their turn (checks, folds etc.). Sometimes players act out of turn intentionally to get a read out of other players. When done intentionally, this is often referred to as "angle shooting." See angle shooting. ; action : A player's turn to act; a willingness to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kicker (poker)
A kicker, also called a side card, is a card in a poker hand that does not itself take part in determining the rank of the hand, but that may be used to break ties between hands of the same rank. For example, the hand Q-Q-10-5-2 is ranked as a pair of queens. The 10, 5, and 2 are kickers. This hand would defeat any hand with no pair, or with a lower-ranking pair, and lose to any higher-ranking hand. But the kickers can be used to break ties between other hands that also have a pair of queens. For example, Q-Q-K-3-2 would win (because its K kicker outranks the 10), but Q-Q-10-4-3 would lose (because its 4 is outranked by the 5). Kickers in draw poker The term is also used in draw poker to denote an unmatched card (often an ace) retained by a player during the draw in the hope that either it will be paired on the draw, or else play as a kicker (in the first sense) on the showdown. A kicker may also be retained in order to deceive an opponent, for example, to represent a three-of- ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Betting (poker)
In the game of poker, the play largely centers on the act of betting, and as such, a protocol has been developed to speed up play, lessen confusion, and increase security while playing. Different games are played using different types of bets, and small variations in etiquette exist between cardrooms, but for the most part the following rules and protocol are observed by the majority of poker players. Procedure Players in a poker game act in turn, in clockwise rotation (acting out of turn can negatively affect other players). When it is a player's turn to act, the first verbal declaration or action they take does NOT bind them to their choice of action; this rule allows a player to think out loud at the table without being penalized for doing so. Until the first bet is made each player in turn may "check", which is to not place a bet, or "open", which is to make the first bet. After the first bet each player may "fold", which is to drop out of the hand losing any bets they have ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Usenet
Usenet () is a worldwide distributed discussion system available on computers. It was developed from the general-purpose Unix-to-Unix Copy (UUCP) dial-up network architecture. Tom Truscott and Jim Ellis conceived the idea in 1979, and it was established in 1980.''From Usenet to CoWebs: interacting with social information spaces'', Christopher Lueg, Danyel Fisher, Springer (2003), , Users read and post messages (called ''articles'' or ''posts'', and collectively termed ''news'') to one or more topic categories, known as newsgroups. Usenet resembles a bulletin board system (BBS) in many respects and is the precursor to the Internet forums that have become widely used. Discussions are threaded, as with web forums and BBSs, though posts are stored on the server sequentially.The jargon file v4.4.7 , Jargon File Archive. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |