bankroll
Agent
An agent is someone who helps cheaters, for example by partnering with them or luring another player into a crooked game.
Backer
A backer is a nonplayer who finances an active player.
Bankroll
A bankroll is the money you set aside for playing poker.
Bankroll Management
Bankroll management is choosing stakes and games so you do not run out of money during a downswing.
Bleed
Bleed means to win or lose money steadily in small amounts.
BRM
BRM is short for bankroll management.
Downswing
A downswing is a period in which a player loses more than expected over a long stretch of play.
Draw Down
To draw down is to draw several cards in lowball so as to aim at the best possible hand.
Makeup
Makeup is the amount of money a player has to win before the backer begins to share in the profits. It is the total of the backer's investment that has not been recovered yet.
Markup
Markup is a premium that a player charges investors when he sells shares of his tournament entry. A markup of 1.2 means that a share costs 20 percent more than its face value.
Rakeback
Rakeback is a rebate of part of the rake that a player has paid to an online poker site. It is often given by affiliates or through loyalty programs, and it reduces the cost of playing.
Stack
A stack is the total amount of chips a player has in play at a given time. The size of your stack decides how much you can bet and how you should play.
Stake
A stake is the amount of a player's buy-in, or the amount of money that he is willing to play with in a session. It can also mean money given by a backer.
Staking
Staking is an arrangement in which a backer pays for a player's buy-ins in exchange for a share of his winnings. The player plays with the backer's money and does not risk his own.
Stuck
Stuck means that a player is losing in a game. 'I'm stuck $300' means that he has lost $300 in the session.
Swap
A swap is an agreement between players in a tournament to exchange a percentage of each other's winnings. It reduces variance, because both players share in the other's success.
Tapped Out
Tapped out means out of money. A player who is tapped out has no more chips or cash to play.
Upswing
An upswing is a period in which you win more than expected, or lose less than expected, over a number of hands. It is the opposite of a downswing.
Variance
Variance is the natural up-and-down movement of your results around the average you expect over time. Even a winning player has losing days, weeks and months, because the cards are random.