Poker is a card game in which players wager chips (representing money) on the outcome of a hand. There are many variants of this game, but the objective is always to have a winning hand according to the rules of the particular poker game being played. Players compete to win the pot, which is the sum of all bets placed during a hand. The amount of money a player puts into the pot is usually determined by their long-run expectations, which are based on probability, psychology and game theory.
A small bet that all players must contribute to before a hand begins. The ante gives the pot value right off the bat and encourages players to play the hand.
An additional community card added to the board during a betting round. During this stage, players must assess the strength of their pocket cards against the board and decide whether to continue to “the showdown” with their poker hand or fold.
When it is your turn to act, you can raise the bet by adding more chips or cash to the pot by saying “raise.” This indicates that you want to make a bet higher than the last one. You can also say “call” to match the last bet.
A chip that designates who has the dealer role for the current deal. The button moves to a new player after each hand. Typically, the dealer is a player but can be someone else as well.