A Forced Bet is a required bet to start the action in a hand such as antes and blinds. Virtually any poker game will always have forced bets of some kind.

Fold equity refers to the probability that a player will fold versus a bet or raise. For example, if there’s a 33 percent chance your opponent will fold to a bet in a $100 pot, you have 33 percent fold equity (worth $33) in that pot. Note: Some people use the term fold equity to…

Folding means discarding one’s cards, thus ending his/her action in a given hand. “I had 72 offsuit in early position so I folded.” Verbally announcing “fold” when the action is on you is a binding action at the poker table. 

The Flop is the first three community, or board, cards in Hold’em and Omaha games. “With three players in the pot, the flop came A♥ 7♣ 7♠.”  

Floating is an advanced play which entails calling with a relatively weak hand on the flop or turn in order to win the pot on a later street by either showing down or bluffing an opponent. Want to learn the strategic value of floating in poker? Read this guide: Floating Strategy | The Complete Guide

Also known as flatting or smooth calling, a flat call is a call in a situation where other options (such as raising) are considered.

The Final Table is the last remaining group of players in a tournament who can occupy a single table. An official final table is usually nine players, or six in a 6-max tournament. “With nine players remaining, the Main Event is down to the final table.”

A hand that has a statistical advantage over opponents is the favorite to win said hand. For example, AA is an 80 percent (or 4-to-1) favorite to win against KK preflop.

Fast Playing means playing a hand aggressively by raising and betting as much as possible to get the maximum value or to protect against draws. The opposite of slow playing/trapping. “It’s usually better to fast play your big hands, rather than trapping.” Want to learn when you should fast play your hand? Read this guide:…

“Family Pot” is commonly used at the tables to describe a hand involving every (or nearly every) player at the table calling the initial bets. “A family pot broke out, with seven players in the hand going to the flop.”