There are some common terms in Poker Hold’em that will have no direct translation. What we mean is they will have nothing in common with simple English. For beginners these phrases and words are important to know before entering into any type of game, whether free or for real money.

You need to enter these types of games as someone who already knows what they are talking about. If you sit there and constantly ask questions in the chat applet you are inviting the sharks over for dinner. On the other hand there are in fact rooms available for beginners where you can discuss such things. Its just a matter of researching to find one that suits you.

What is the Role of the Dealer

The role of dealer will always rotate clockwise following each hand. However, when playing Texas Hold’em online the software or program always does the dealing, which makes things a little simpler. Normally, you will see a white disc or marker being placed next to the dealer to help identify them.
In poker lingo being the dealer is also known as being on the button.
Dealer Strength
If you are the dealer in a live game of Texas Hold’em Poker, your advantage lies in the fact that you act last every round post flop. This is a major strength because you can see other player’s actions making it easier to categorize them. For example, if everyone has checked following a bad flop, then a small wager might force opponents to fold and win you some money.
Understanding the Blinds
The blinds are a forced bet to get the action going in a game. This action makes sure that some money goes into each hand of play. This is unique to Texas Hold’em and there are two types of blinds.  One is called the small blind and the other is the big blind. The big blind is double the size of the small blind. Blinds get the game rolling with everyone getting a turn. 
Understanding Blinds in a Cash Game
When playing Hold’em for real money, the blinds a usually fixed to a certain level and never change. If you play low stakes where the blinds are minimal, like for example $1/$2; this means the small blind is a dollar and the big blind is two. With every hand the blinds move clockwise and everyone takes a turn playing them.
Always remember to look at the blind level before you enter for real money. You need to make sure you have enough money for the blinds and it doesn’t take away dramatically from your stack. Generally, a good rule of thumb is to buy into the game at 100 times the big blind.
Therefore, if you want to join a game where the blinds are $5/$10, you should have $1,000 in your pocket before you sit down. You could play with less, but you are going to get bullied by players who have bigger chip stacks.
Understanding Tournament Blinds
Be very careful when it comes to Tournament blinds because it is possible to get blinded out. This simply means you can no longer afford the blinds then you are pretty much screwed. Generally in a tournament the buy-in is a fixed amount and you are given a specific amount of starting chips. The blinds will always increase at regular intervals, which can make it harder to stay in the tournament. Therefore it is very important you keep a close eye on the blinds and avoid getting caught out with them.
What is The Bubble
Be the Bubble

In a tournament the bubble refers to players who get paid. Therefore for obvious reasons you want to be in the bubble otherwise you get nothing for your efforts.
For example, if you are in a tournament with 50 other players, that particular tournament may state they are paying the top ten players. So, this means you don’t want to get knocked out of the game before 10 players are left. If you do, you get no prize money and you can kiss your buy-in money goodbye. So, the bubble in this case is the first 10 players, when players get down to the last 15 everyone is going to be playing extremely cautiously. No one wants to get knocked out without getting in the bubble.
The bubble boy
The last player who is outside the bubble is referred to the bubble boy. The last player who is knocked out in 11th place would be the bubble boy. He bursts the bubble and those who are left win some prize money. No one wants to be the bubble boy; it is one of the most frustrating places in a poker tournament. 
What is a Probe Bet?
If you liked Star Trek and watched it often, you know what it meant for the Enterprise to send out Probes into the blackness of space. Before entering a wormhole its important to test out the waters and make sure you don’t have a core breach. Simply put a probe bet is normally a small bet that is made to test the waters and see the reactions of your opponents. By making this bet you are trying to determine if the other players are serious about staying in the hand or not.
Weak players will normally fold with a probe bet. If someone raises you, then you can guess that they may have something strong. However, a call could mean that they are drawing to a good hand.
Take it Easy on the Probing
Remember when playing for real money, eventually Probe bets can get expensive so make sure to vary on this strategy. Doing it repeatedly will deplete you stack in no time.  In addition, if you continually make probe bets, it wont be long before your opponents figure out what you are up to and start exploiting them to their own advantage.

What is a Value Bet?

A player will make a value when he or she knows they have the best hand and want to extract maximum value from opponents.
Judge Accordingly on Value Betting
Value betting can be extremely profitable, but requires a little skill to get it right. You need to know how big of a bet to make. If the bet is to big you risk your opponent folding; if the bet is to small you will not be getting maximum value from your hand.
How to decide?
Always Pay Attention
A value bet will come on the river and you are hoping to get a little bit of money out of your opponent. The question arises ‘how big a bet do you think he will call?’ Just look back over the previous hands and really think. Has he been acting weak, or has he been confidently calling your bets? Is he on the tilt and likely to call any bet? Has he been very aggressive and would re-raise a small bet to try and prove he’s the man?
If you cannot answer these questions, then you are going to find it hard to choose the right size of value bet.

What’s he holding?

If you have been paying attention and categorizing your opponent, you should be able to work out what he has based on the community cards. The bigger his hand is, the bigger the value bet he will call. However, if he has been chasing a draw and missed it, he is unlikely to call even a small value bet.

What is Rakeback

Rake is how every poker room makes its money. Poker rooms deduct a certain percentage of money from each pot. The percentages can vary from room to room, but usually 2 or 3%, usually capping at about $3 is considered normal. Just exactly how much poker rooms can make, only takes a little bit of calculations. Imagine a poker player who contributes to the Rake at about $2000 per month and that particular poker room hosts about 10,000 players. Now that’s a lot of green!
How does Rake benefit Players

Poker rooms want you to come back so they make it worth it. In basic terms a RakeBack is a refund to the players. The money you contribute to the room is given back in a percentage. The average is usually 25 to 40%, if for example you receive a 25% RakeBack and you rake about $1000 per month; you get back $250. So, the more you Rake the more you get back! Depending on how you look at RakeBack, there really is only a win-win situation.

What is Limping In

When a player is limping in it refers to the action he is taking by joining the pot. For example, the blinds are $10 on the small blind and $15 on the big – this player would match the big blind but not raise it. Therefore he is limping in.
Be Wary of Predators

If you don’t actively bet or show some strength you risk becoming labeled as a weak or passive player – you don’t want this. The pros will tell you that you should never limp in but rather raise or fold – no in between. Limping in immediately draws attention from the aggressive players

Remember it is possible that some players will deliberately limp in with strong hands. They know full well that their opponents will think them as weak or easy prey. They will often raise them in an attempt to knock them off the pot. This then allows the limping player to come over the top with a re-raise, and trapping his opponent for more money.
Some Limping is Okay

By continually limping in you risk becoming predictable and the other players will take full advantage. On the other hand, if you continually raise, players are going to get used to that too. Therefore a little limping, used conservatively, can keep players guessing what you are up to and prevent them from guessing your hand.