January 5, 2007, Newsletter Issue #45: Glossary, part 1
Tip of the Week
Like every other pastime, poker has its own set of jargon and abbreviations. Knowing these will help you navigate the various books and websites about poker: All-in: To bet or call all of your chips. This happens most often in pot limit holdem or no limit holdem. $EV: Dollar expected value. This means the dollars that you expect to win or lose on average in a situation or through a play. CEV: Chip expected value. In a cash game, $EV and CEV are the same, but in tournaments risking chips comes at a $EV price because there is value in surviving. Aggressive: Betting or raising as opposed to calling or checking. This can be used to describe an action or a person.
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