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Wired is a term from Stud that is used to describe pocket pair in the hole on third street. In other words, neither of our paired cards are visible to the table meaning it will be extremely disguised if we make three of a kind. A pair where one of our cards is an upcard (visible to the table) is instead called a ‘split’ pair.
Vulnerable in poker is the term used to describe a hand that is likely to be outdrawn assuming it is currently the best hand. For example, when gauging the vulnerability of a pair, there are typically three areas we look at. 1. Possibility of villain making a higher pair. 2. Possibility of villain completing a straight. 3. Possibility of villain making a flush. If all of these eventualities are either unlikely or impossible, then our pair should not be considered as vulnerable.
Wet in poker is a term used to indicate that a board texture (i.e. a flop in Hold’em) is very co-ordinated, allowing for the possibility of a number of draws and strong made hands. It is the opposite term to ‘dry’ which describes a board texture with little to no connectivity. The term wet is typically applied to community cards in games such as Hold’em and Omahabut could also be applied to an opponent’s visible upcards in a Stud variant.
A poker variant isa specific set of rules or ‘flavour’ of poker game. The most popular poker variant in modern times is No Limit hold’em with Pot Limit Omaha in second place. There are practically hundreds of different poker variantshowever, some common, some not so much. The variants are often grouped together into categories. For example, a Stud variant of poker is any game that follows the rough format of Seven Card Stud (but with a variation on the basic rules). Hold’em and Omaha are both examples of ‘community-card’variants of poker while Five Card Draw is an example of a Draw variant of poker.
Variance refers to the short term deviation of our winrate from our expected results. For example, we might be a confirmed 6bb/100 winner, but it’s rare our winrate will show exactly 6bb/100 over a given sample.This is referred to as variance. Generally, the larger the sample size of hands, the closer our winrate will be to its expected value. Since variance is very large in poker, big deviations from expected winrate are common, especially if the sample size of hands is small (i.e less than 50,000 hands).
A value bet in poker, is a bet made with a strong hand in the hopes of getting called by worse hands. It’s an extremely important aspect of poker strategy, especially in games where our opponents have a tendency to call our bets with too many holdings. In terms of rough maths, a value bet needs to be good over 50% of the time when called in order to generate profit.