Poker glossary

The set of hands played in a given situation

Your seat relative to the button — fundamental in poker

Button — the best position at the table, acts last postflop on every street

In Position (act last) vs Out Of Position (act first) postflop

The best possible hand on a given board

The side card that breaks ties between hands of the same rank

The smallest of the stacks involved — the only one that matters

Game Theory Optimal — an unexploitable strategy

The equilibrium point where no player can improve unilaterally

A strategy that deviates from GTO to exploit opponent mistakes

A range made up only of very strong hands AND bluffs

A card in your hand that reduces the opponent's possible combinations

A memorization technique that optimizes review timing

The third bet before the flop (a raise of the raise)

The fourth preflop bet (a raise of the 3-bet)

Continuation bet — betting the flop after opening preflop

A bet or raise with a weak hand to make the opponent fold

Checking then raising the opponent's bet on the same street

A 3-bet made after an open AND at least one call

Entering the pot preflop by paying the blind without raising

A bet larger than the size of the pot

Expected value — the average profit of an action over the long run

Your percentage chance of winning the hand at showdown

The ratio of the bet to call versus the total pot, to decide if a call is profitable

Stack-to-Pot Ratio — the ratio of the effective stack to the pot

Potential future winnings to factor into a call

The remaining cards that improve your hand

The share of a bet's profitability that comes from opponent folds

Minimum Defense Frequency — the minimum defending frequency against a bet

Independent Chip Model — the real value of tournament chips

Short-stack strategy: all-in or fold only

Voluntarily Put money In Pot — % of hands played voluntarily

Pre-Flop Raise — % of hands where a player raises preflop

A hyper-turbo 3-player tournament format with a random prize pool

Multi-Table Tournament — a tournament with hundreds or thousands of players