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Poker Glossary of Terms : P
Pace - See betting pace, game pace, and hand pace.
Pack - The deck of cards.
Pair - A pair is two cards of the same rank. In holdem poker, if you held A-9 and the board cards were 5-A-J you would have a pair of Aces. If you had the pair in your hole cards, it is called a "pocket pair".
Pass - To check or drop out instead of betting.
Passive - Someone who does not bet and raise a lot.
Peek Poker - 7 card stud.
Pigeon - An easy player or a sucker.
PL - Abbreviation for Pot-Limit.
Play Money - Playing for fun or fake money. Usually online poker sites have free games with play money. This allows players to practice without wagering real dollars. Most online casinos and online poker rooms have "play money" games.
Playing the Board - In holdem if the five board cards make up a better hand than the players hands. For example a flush with 5 higher ranked cards than the players hole cards, then the player is said to be "playing the board".
PLO - Abbreviation for pot limit Omaha.
Pocket Pair - In holdem if you are dealt two hole cards of the same rank.
Pocket Rockets - The holdem starting hand Ace - Ace (AA).
Poker Hand - A group of five cards which are ranked according to the poker hand rankings.
Position - Your seating position at the poker table is referred to as "position". While your physical seat stays the same, your "position" changes with each hand. The dealer (player with the dealer button) has the best position because he/she acts last in the betting round, therefore the dealer can see all other players actions before deciding whether how to play the hand. Pre flop the person to the left of the big blind, or after the flop the small blind are the worst positions as the player has to act first and does not get any chance to read the other players from their bets before putting money into the pot. This position is sometime called "under the gun". See table position.
Pot - The term used for the collection of all bets in the hand. The pot is usually kept in the middle of the table until there is a winner to the hand.
Pot Limit - A betting structure in which the maximum size bet is the size of the pot plus the amount you would bet if you re raised.
Pot Odds - This is the odds you are getting
when you are drawing, without considering future bets. Basically, if you are drawing to hit your
hand, you want to make sure there is enough money in the pot to justify drawing. The way you do
this is you calculate your expected value of hitting your hand, which is called pot odds.
The simple mathematical formula for pot odds is:
(pot + bet) * (chance of
hitting) >= bet
For example, say you have a flush draw of diamonds. You are fairly
certain you will win if you hit the flush but will lose otherwise. Thus, there are 9 other diamonds
out there (13 - your two, - two on board), so you have a roughly 20% chance of hitting a flush on
the next card. If the pot is 90, and the bet is 10, you have odds with your flush draw.
(90 +10) *.20= 20
18>10, so you should call
However, lets say the pot is
10, you're at the turn (one card left) and your opponent bets 40. So the pot is 50 (including his
bet) and the bet is 40 to you.
(50 + 40) *.20= 18
18 < 40, so you should fold.
Pre flop - Pre flop is the stage of a holdem game when you have two cards in your hand and there are no cards on the board yet.
Prop - Prop is short for proposition player. A prop player is paid to play poker. The player plays hands with his own money but has each hand subsidized; receive a payment for playing a certain amount of hands or are paid an wage per hour to play. A lot of online poker rooms use proposition players to keep their games active.
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