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| Valet |
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Jack (the card); comes from French
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| Valle Card |
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Any 3, 5, or 7; comes from the game of panguingue, in which those cards have value (which is the meaning of the word valle) and for which other players pay a player who melds them
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| Value |
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1) Getting paid off for a good hand (by someone who calls); often part of the phrase full value. A player in a lowball game who holds a pat bicycle, and busts three other players with it because of the way the action comes down, might say that he got value out of the hand. If he was not prone to understatement, he might even say that he got full value out of the hand. 2) The worth of a hand in comparison with its chances of winning. 3) Value means the return you get on your investment; the expected increase in your equity in the pot (your return), as compared to the size of your bet or raise (your investment).
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| Value Bet |
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Bet for value (Betting in order to raise the amount in the pot, not to make your opponents fold.).
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| Variance |
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Variance is the statistical measure of just how widely your results will be dispersed. If you have a sufficient advantage at the game you're playing, you expect to make money over the long haul. This is true whether the game is poker, blackjack, or craps, and whether your advantage is due to skill, cheating, or psychic powers.
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| Verbal Bet |
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A wager made by announcing the size of the bet but without actually putting any chips or money in the pot. In some (not all) establishments, oral declarations made in turn are binding; nonetheless, cautious players wait till the chips are actually in the pot before either calling the bet or showing their hands.
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| Verbal Declaration |
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A statement made by a player on his turn of his intentions: pass, fold, bet, or raise (and, in a no-limit game, how much). Also called verbal declaration.
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| Vest Holdout |
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A kind of holdout machine (A mechanical device enabling thieves to surreptitiously hold out. Holdout machines used to be more popular many years ago, but are not often seen now, probably because thieves are becoming more sophisticated, and also because being caught with one is dangerous.). A vest holdout is worn under a thief's coat. Also called breastworks.
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| Victory Rip |
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In a draw game, at the showdown, spreading your hand triumphantly. (It's usually done in the same manner that a blackjack or poker dealer spreads an entire deck fanned face up on the table in front of her. Spreading one's hand in this fashion, by the way, is something of a needle, and is not practiced by a refined player, who, when he has an obvious powerhouse, gently and diffidently turns it face up on the table.)
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| Victory Roll |
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In a draw game, at the showdown, spreading your hand triumphantly. (It's usually done in the same manner that a blackjack or poker dealer spreads an entire deck fanned face up on the table in front of her. Spreading one's hand in this fashion, by the way, is something of a needle, and is not practiced by a refined player, who, when he has an obvious powerhouse, gently and diffidently turns it face up on the table.)
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| Video Poker Machine |
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A computerized slot machine (video slot machine) based on draw poker (but not really a form of poker), with card symbols, on which players try to make certain poker hand combinations, a casino game that can sometimes be beaten by skill, the fastest-growing form of mechanized gambling.
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| Vig |
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House take; Also time, rake.
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