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Bad Beat
In poker, bad beat is a subjective term for a hand in which a player with what appear to be strong cards nevertheless loses. It most often occurs where one player bets the clearly stronger hand and their opponent makes a mathematically poor call that wins with any subsequent dealing to complete the hand. In pure mathematical terms a one-outer can be considered a pure bad beat, however there is no consensus among poker players as to what else exactly constitutes a bad beat and often players will disagree about whether a particular hand was a bad beat. A few examples are: quads over full house, quads over quads, straight flush over quads, small full house vs. bigger full house or better. Types of bad beats Virtually any hand that looked like a favorite to win can end up losing as more cards are dealt, but bad beats usually involve one of two not mutually exclusive scenarios: *The player who wins on a bad beat is rewarded for mathematically unsound play. Calling a bet despite ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Cash Game
Cash games, also sometimes referred to as ring games or live action games, are poker games played with "real" chips and money at stake, often with no predetermined end time, with players able to enter and leave as they see fit. In contrast, a poker tournament is played with tournament chips worth nothing outside the tournament, with a definite end condition (usually, only one player left), and a specific roster of competitors. Rules Players may freely buy into or cash out of a cash game between hands.Kinds of games: Ring games vs. tournaments However, it is normally prohibited for a player to remove a portion of his or her chips from the table. This is known as " going south". [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Probability
In poker, the probability of each type of 5-card hand can be computed by calculating the proportion of hands of that type among all possible hands. History Probability and gambling have been ideas since long before the invention of poker. The development of probability theory in the late 1400s was attributed to gambling; when playing a game with high stakes, players wanted to know what the chance of winning would be. In 1494, Fra Luca Paccioli released his work which was the first written text on probability. Motivated by Paccioli's work, Girolamo Cardano (1501-1576) made further developments in probability theory. His work from 1550, titled ''Liber de Ludo Aleae'', discussed the concepts of probability and how they were directly related to gambling. However, his work did not receive any immediate recognition since it was not published until after his death. Blaise Pascal (1623-1662) also contributed to probability theory. His friend, Chevalier de Méré, was an avid gambler w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rake (poker)
Rake is the scaled commission fee taken by a cardroom operating a poker game. It is generally 2.5% to 10% of the pot in each poker hand, up to a predetermined maximum amount. There are also other non-percentage ways for a casino to take the rake. Poker is a player-versus-player game, and the house does not wager against its players (unlike blackjack or roulette), so this fee is the principal mechanism to generate revenue. It is primarily levied by an establishment that supplies the necessary services for the game to take place. In online poker it covers the various costs of operation such as support, software, and personnel. In traditional brick and mortar casinos it is also used to cover the costs involved with providing a dealer (though in many places tips provide the bulk of a dealer's income) for the game, support staff (from servers to supervisors), use of gaming equipment, and the physical building in which the game takes place. The rake in live games is generally higher th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Jackpot
A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is ''not'' won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule. Many slot machines and video poker machines feature a progressive jackpot. The jackpot increases by a small predetermined amount each time the game is played. Often multiple machines are pooled or linked together to form a larger progressive jackpot which grows more quickly because more non-winning plays can be counted toward it. Many lotteries feature progressive jackpots. After each drawing in which the jackpot is not won, a large amount of money is "carried forward" to the jackpot for next drawing. History Progressive jackpots were first introduced in large casinos in 1986. The first progressive slot machine was the famous Megabucks, developed by International Game Technology (IGT). Every ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Jargon
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, hole cards is an ace ; ace-to-five, ace-to-six : Methods of evaluating low hands. See Lowball (poker), lowball. ; act : To make a play (check, bet, call, raise, or fold) at the required time, compare to ''#in turn, 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 Glossary of poker terms#AngleShooting, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rank Of Hands (poker)
In poker, players form sets of five playing cards, called ''hands'', according to the rules of the game. Each hand has a rank, which is compared against the ranks of other hands participating in the showdown to decide who wins the pot. In high games, like Texas hold 'em and seven-card stud, the highest-ranking hands win. In low games, like razz, the lowest-ranking hands win. In high-low split games, both the highest-ranking ''and'' lowest-ranking hands win, though different rules are used to rank the high and low hands. Each hand belongs to a category determined by the patterns formed by its cards. A hand in a higher-ranking category always ranks higher than a hand in a lower-ranking category. A hand is ranked within its category using the ranks of its cards. Individual cards are ranked, from highest to lowest: A, K, Q, J, 10, 9, 8, 7, 6, 5, 4, 3 and 2. However, aces have the lowest rank under ace-to-five low or ace-to-six low rules, or under high rules as part of a five-high ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freeroll
In poker, a freeroll tournament is a tournament with no entry fee, and a freeroll hand is where a player is guaranteed to at least split the pot with his opponent, with a chance they can win the whole pot if certain final cards are dealt. Freeroll hand In playing a particular hand of poker, a freeroll is a situation that arises (usually when only two players remain) before the last card has been dealt, in which one player is guaranteed to at least split the pot with his opponent no matter what the final cards are, but where there is some chance he can win the whole pot if certain final cards are dealt. This most commonly occurs in a high-low split game where one player knows that he has a guaranteed low hand made, his opponent cannot make a better low no matter what the last card is, but the player who is low might possibly catch a lucky card that gives him a straight or flush, winning high as well. Here's an example from Texas hold'em: Angie holds , and Burt holds . After the fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Tournament
A poker tournament is a tournament where players compete by playing poker. It can feature as few as two players playing on a single table (called a "heads up poker, heads-up" tournament), and as many as tens of thousands of players playing on thousands of tables. The winner of the tournament is usually the person who wins every poker chip in the game and the others are awarded places based on the time of their elimination. To facilitate this, in most tournaments, blind (poker), blinds rise over the duration of the tournament. Unlike in a Cash game, ring game (or cash game), a player's chips in a tournament cannot be cashed out for money and serve only to determine the player's placing. Buy-ins and prizes To enter a typical tournament, a player pays a fixed ''buy-in'' and at the start of play is given a certain quantity of tournament poker chips. Commercial venues may also charge a separate fee, or withhold a small portion of the buy-in, as the cost of running the event. Tournamen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Random Number Generator
Random number generation is a process by which, often by means of a random number generator (RNG), a sequence of numbers or symbols that cannot be reasonably predicted better than by random chance is generated. This means that the particular outcome sequence will contain some patterns detectable in hindsight but unpredictable to foresight. True random number generators can be '' hardware random-number generators'' (HRNGS) that generate random numbers, wherein each generation is a function of the current value of a physical environment's attribute that is constantly changing in a manner that is practically impossible to model. This would be in contrast to so-called "random number generations" done by ''pseudorandom number generators'' (PRNGs) that generate numbers that only look random but are in fact pre-determined—these generations can be reproduced simply by knowing the state of the PRNG. Various applications of randomness have led to the development of several different meth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Online Poker
Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 to $2.4 billion in 2005, while a survey carried out by DrKW and Global Betting and Gaming Consultants asserted online poker revenues in 2004 were at $1.4 billion. In a testimony before the United States Senate regarding Internet Gaming, Grant Eve, a Certified Public Accountant representing the US Accounting Firm Joseph Eve, Certified Public Accountants, estimated that one in every four dollars gambled is gambled online. Traditional (or "brick and mortar", B&M, live, land-based) venues for playing poker, such as casinos and poker rooms, may be intimidating for novice players and are often located in geographically disparate locations. Also, brick and mortar casinos are reluctant to promote poker because it is difficult for them to profit fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
