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Value Bet
• To make a bet to increase the money in the pot, but not to make players fold.

Variance
• A measure of the up and down swings your bankroll goes through. Variance is not necessarily a measure of how well you play. However, the higher your variance, the wider swings you'll see in your bankroll.

Village People
• Four Queens.

VPIP
• Voluntary Put $ in Pot. Percentage of times a player willingly plays a hand. This doesn't count being in a blind or antes, unless you bet, raise, or call a raise.