Terms You’ll want to know…
OESD - An open-ended straight draw
Limper - The first player who calls a bet.
Limp In - To enter the pot by calling rather than raising.
Loose - Is a player who plays a lot hands.
Nuts - The best possible hand at any point of the game. A hand that cannot be beat.
Bad Beat - When a hand is beaten by a lucky draw.
Check-Raise - When a player first checks and then raises in a betting round.
3-BET - A 3 bet (also re-raise), is the third bet in a single betting round. - 1) Bet → 2) Raise → 3) 3-bet/raise
Chasing - hoping an upcoming community card will “hit” to complete a so-far unmade hand
Fish - a novice or poorly-skilled player, expected to lose money (AKA Donk or Donkey)
HU - or Head-to Head: aka “Heads Up”
Turn - the fourth community card on board, following the flop
River - the fifth (last) community card on board
Slowplay - playing a powerful hand as if were weak to disguise its strength and “trap,” players into the action
Standard Raise - typically, three times the big blind
Suck-out - to hit a longshot draw, typically on the river
Under the Gun - the first player to and is to the immediate left of the button
Value Bet - betting a hand that is not a sure thing but, that over time will win more than it loses
Bumhunter - An online poker player who plays only those players that are perceived to be weak
Calling Station - A player that tends to call frequently, rarely raising or folding
Equity - value a player has in, example a player has a 60% chance to win $100 their equity at that point is $60
Nit - A slang term for a very tight player, that only plays high value hands (AKA Rock)
Out of Position - When a player has to act before his opponent (s) in a betting round
Outs - Cards that can improve a hand to win example, if you have four cards of one suit then all other cards of that suit are outs to complete your flush
Set Mining - Having pocket pair and hoping to get 3 of a kind by river
Value Bet - A bet made by a player that is hoping to get called because they expect to win
Rake - Money taken from a pot by the house at the end of each round, as payment for running the game
Juice - A slang term for rake