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Focus on the Basics


I have had a lot of emails lately from people learning to play the game who get confused by terminology when playing with more experienced players. For this post lets get back to the basics and go over some common poker terms. This article comes from http://www.pokertips.org/.

Poker Jargon
This is a shortened glossary that explains the basic poker terms that are frequently used in the strategy articles at this site. It is assumed that you know the basic rules of Texas Hold'em. For a more complete glossary, visit our Full Glossary Page.

Blinds: The forced bets that take the place of an ante. The person to the left of the dealer must pay the small blind, and the person after him must pay the big blind.

Board Cards: The cards in the middle of the table that are shared by everyone.

Draw: Drawing means hoping to improve your hand with the cards that will come on the board. You are on a draw when you want other cards to come out on the board to complete your hand. If you have 10 9 and the flop is Q J 2, you are trying to draw an eight or a king on the turn or river.

Flop: The first three board cards in Hold'em.

Implied Odds: The same as pot odds, but taking into account making bets in the future. Thus, you may call a bet at the flop, but have implied odds of making bigger bets on later rounds if you hit your draw. So, if you have A K and the flop comes Q 7 6, your implied odds are what you have to call at the flop compared to how large the pot will be at the end of the hand.

Limit Poker: Poker with fixed-size bets. In a $2-4 limit game, all bets and raises are $2 in the first two rounds (preflop and flop), and all bets and raises are $4 in the last two rounds (turn and river).

Longhand: A poker game with seven or more people.

Outs: Cards that can improve your hand. If the flop is Q J 2 and you have 10 9, you want a king or an eight to complete your straight. There are four kings and four eights in the deck, so you have eight total outs.

Position: Where you sit at the poker table. The dealer has the best position because he bets last and therefore has a better understanding of what other people have in their hand. The small blind has the worst position because he acts first.

Pot Odds: The odds you are getting when you are drawing. For example, say you have A 2 and the board is K 7 6. You are sure that someone else has the king. There are nine more diamonds out there (thirteen total minus two from your hand and the two on the board), so you have a roughly 18% chance of hitting a flush on the next card. Thus, if the pot is $100, and the bet is $10, even though you are losing, you have odds with your flush draw. However, let's say the pot is $100 on the turn (there is one card left) and your opponent bets $300. The pot is $400 and you must put in $300 to see the river. You are getting pot odds of 4:3 which is not enough, because the odds are about 4:1 (12:3) against hitting your flush. Another way to look at it is that you have only a 1 in 5 chance of hitting your flush, but you have to put in 3 of 7 dollars in the total pot.

Preflop: The betting round after you are dealt your two hole cards and there are no cards on the board yet.

River: The fifth and final card that comes on the board in Hold'em, after the turn.Shorthand: A poker game with six or fewer people.

Turn: The fourth board card that comes out in Hold'em, the card after the flop.

Source: http://www.pokertips.org/strategy/jargon.php

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Playing Multiple Poker Tables


Here is a great article about the advantages and pitfalls of playing multiple tables online. The majority of people will tell you that multiple tables increases your profit. The following article outlines why that may not necessarily be the case.

Playing Multiple Tables
One of the many advantages to playing poker on the internet is the ability to play multiple tables at once. Some sites, like Party Poker, allow you to play up to ten tables at once. Players who have proven themselves to be winners should consider playing multiple tables at once on the Internet in order to maximize their win rate (though playing an exorbitant amount such as eight tables is almost always inadvisable).

When playing two tables at once, most players' abilities will suffer. This is because you can't pay as much attention to each game. You will not be able to adopt as many player-specific strategies as you would if you were only playing one table. Thus, if you are used to making $10 an hour playing one game at once, do not automatically assume you will earn $20 an hour by playing two games at once. Chances are, you will earn less than $20 an hour. Thus, the key decision in this case is whether you think you would make between $10-$20 an hour playing two tables or less than $10 an hour.

Since playing two tables lowers your profit rate per table, you must have already established that you can beat the game consistently in order for it to be profitable to play two games at once. If you are breaking even at a limit and decide to play two games at once at that limit, you will probably begin to lose money since your profit rate will go from 0 to say -$5 an hour per table, which amounts to -$10 an hour.

Another critical factor when deciding whether or not to play multiple tables at once is the type of game you are playing. If you are playing a no-limit game, you may be highly dependent on player reads. Therefore, playing multiple tables might be a bad idea if it will significantly affect your ability to win. However, if you play fixed-limit games at low stakes, chances are your advantages are derived from basic, tactical skills. These types of skills, such as patience and discipline, will not be affected by multiple tables. Therefore, multiple tables tends to be a better option for limit players than no-limit players.

Furthermore, playing more than one game can be stressful. You will be constantly checking each game, making snap decisions every 15 seconds, etc. This may decrease the joy factor of the game, which may be more important to you than any extra money you could make by playing two games at once. After all, poker is not just about winning money; it is also about having fun.

Source: http://www.pokertips.org/strategy/multiple-games.php

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