PAY OFF:
Calling a bet even though the bettor has a hand you cant beat. The reason for doing this is that the pot is large enough to justify a call.
POCKET:
The unique cards you hold that no one else can see.
POST:
A blind bet that is typically required when you first join a card game. Some houses require you to post when you change seats.
PROGRESSIVE JACKPOT BET:
Some casinos offer a Progressive Jackpot, in which the jackpot value increases with each game. Each Player can place an additional specified bet to be included in the progressive jackpot.
QUADS:
Four-of-a-kind.
RAGGED:
A flop/board that doesnt really help anyone.
RAKE:
An amount of money taken out of every pot by the dealer - this is the game operators income.
RANK:
A cards numerical value.
REPRESENT:
Playing as if you clearly hold a specific hand. This can be used as a bluff or simply because you are confident with what you have.
RING GAME:
A non-tournament, regular poker game. A.K.A. "live" (refers to cash, instead of chips).
RIVER:
The fifth and final community card. It is dealt face up, alone. A.K.A. "fifth street".
ROCK:
A very tight, uncreative, fairly predictable player.
SCARE CARD:
A card that can turn the best hand sour.
SECOND PAIR:
A pair including the second highest card on the flop.
SET:
A three-of-a-kind with two of the rank in your hand and one on the board.
SHOWDOWN:
The point after the fourth round of betting is completed that everyone reveals their hands. If no final bet or raise is called, there is no showdown.
SIDE POT:
A pot which has been created but that a player has no interest in because the same player has run out of chips.
SLOW PLAY:
Playing a strong hand as if you have a weak hand in order to keep more players in the pot.
SPLIT POT:
A pot that is shared by any number of players because they have equivalent hands.
SPLIT TWO PAIR:
A two pair that has one of each of your cards' ranks on the board as well.
SPREAD LIMIT:
A betting structure designed to allow players to bet any amount, within a specific spread limit structure, on every betting round. Typical spread limit structure: $2-$6.
STRING BET:
This bet is more typically a raise. The player doesnt move all the chips required for the raise into the pot at once. The player must verbally declare the raise or he can be forced to withdraw and call. This system prevents players from putting out enough chips to call, reviewing the effect, and then considering a further raise; this would be unethical.
TABLE STAKES:
The rule that states that during a hand, a player may not dig into his pocket for money.
TELL:
A player's unintentional giveaway about the next move or strategy he plans to use.
TILT:
Playing out of control or real consideration for the things he should be doing in certain circumstance, like bluffing at the wrong times or raising when he just cant possibly outwit or beat his opponents.
TIME:
(1) A players request for time to decide upon the next action or strategy he will take.
(2) Either ever hour or every half, the cardroom collects an amount of money. This is another way for the house to make its money (see Rake).
TOKE:
This is a small amount of money paid by the winner of the pot that pretty much makes up the dealer's income.
TOP PAIR:
The pair that has the highest card on the flop. As in "you flopped top pair."
TRIPS:
Three-of-a-kind.
TURN:
A.K.A. "4th street." It is the fourth community card, dealt face up and by itself.
UNDER THE GUN:
Describes the player who initiates a betting round.
UNDERDOG:
Any team, person or thing mathematically disfavored to win the pot.
VALUE:
More or less, the opposite of bluff. With value, or when "Betting on Value," you want other players to call your bet. Reason being, typically, because you believe your hand will beat the others.
VARIANCE:
A measure of the fluctuations in your bankroll.