Most gamblers know the ABC of poker, but lots of potential players don’t know the terms, rules and regulations well enough to feel comfortable playing at a casino. For those who know almost enough to pull up a chair without worrying, Here are some of the basic poker terms that are important to know.
Folding – A player folds by throwing away his cards. After folding, he makes no more bets on that hand, receives no more cards during the hand and cannot win the pot.
Low Poker – When playing low poker, the ace is the lowest card and the lowest hand wins. The best possible hand you can have in low poker is: A-2-3-4-5.
Opening – The player who bets first is said to be opening. In some games, such as Texas Hold’em, the player to the left of the dealer always opens. In other games, such as 7-card stud, the player with the lowest up-card (after each player receives his first up-card) always opens. The first bet in 7-card stud is also known as the “bring-in.”
Raising – A player raises by matching the previous bet and then betting more, thereby increasing the stake for remaining players.
Rake – This is the money that the casino or card room charges for each hand. The rake is typically a percentage or flat fee that’s taken from each pot after each round of betting. The casino sets a ceiling on the rake if it is percentage-based. The rake is necessary for the casino to make money because poker players bet against each other instead of against the casino.
Showdown – After the last betting round, the players who haven’t folded show their cards. This is called a showdown, and the player with the best hand takes the pot.