Throwing a Party
Throwing a party means that several loose or amateur players are putting a lot of money in the pot. The game is full of weak players who pay out.
The simple explanation
If several weak players call big bets, the pot grows. A good player waits for a strong hand and wins it. It is a profitable situation for strong hands.
A closer look
The phrase is used about tables where many recreational players call too much. In such games, patient play with strong hands and value betting earns money. Do not bluff much, because the callers do not fold. It is also a sign of a good table, so stay if you can.
A practical example
At a low-stakes table, four players call a big raise with weak hands. The others say that they are throwing a party.
Full explanation
Throwing a party means that several loose or amateur players are putting a lot of money in the pot. The game is full of weak players who pay out.
Throwing a party means weak players put a lot of money in.
It is good for strong players.
Value bet and do not bluff much.
It is a good table to stay at.