Glossary of Poker Terms - V

V

value bet

A bet made by a player who wants it to be called (as opposed to a bluff or protection bet). This is typically because he has a superior hand that he expects to win at showdown, or a very good draw for which he can increase his pot equity by more than the amount of his bet. See value.

variance

The statistical measure of how far actual results differ from expectation. See main article: 'variance'.

vigorish, vig

The rake. See main article: vigorish.

VPIP

A statistic that stands for Voluntary Put Money In Pot. It represents the percentage of hands with which a player puts money into the pot pre-flop, without counting any blind postings. Also called VP$IP. VPIP is an excellent measure of how tight or loose a player is.