The button is the most profitable seat at the poker table. It's to the right of the small blind (SB) and to the left of the cutoff (CO).

The buy-in is the amount we pay to join a certain poker game. In tournaments the buy-in amount is typically fixed while in cash games there are a range of different buy-in sizings we can use. In cash games, buy-ins are often used a measurement of profit and losses (usually where 1 buy-in = 100 big blinds).

The term busted means that a draw did not hit even after the final card was dealt. For example, we might have a flush draw on the turn in Hold’em, but as soon as our flush draw misses on the river we can now refer to the hand as a busted flush draw. The term busted is also used to describe a player who is knocked out of a tournament once all of his chips our gone. Knocking out another player is often called ‘busting’ them.

A bounty is a prize that is won for knocking out a player either from a knockout tournament or a bounty tournament. In knockout tournaments players receive a small bounty (monetary prize) every time they knock another player out of the tournament. This is all added together along with any prize pool payments to make a total payout at the end of the tournament. Bounty tournaments are very similar but the bounty is often considerably larger and awarded for knocking out a specific player (or players) usually a celebrity or high profile player.

A bot is a non-human poker player. It’s a piece of software that makes automated decisions at the poker table based on the code it has been given by a bot developer. Bots are very useful for learning about and studying the game of poker, but not all bots are a good thing. In the online world, bots are commonly used in online poker games to try and cheat legitimate players out of their chips. Of course, if they are caught, the poker room will ban the bots since they are against the terms and conditions of most poker sites. The term bot may also occasionally be used to describe a human player who has a rigid, robotic playing style and plays very long sessions.

In poker the term board refers to any group of cards visible to the entire table. In community card games such as Hold’em and Omaha, the term board is used to describe any of the flop, turn or river cards visible to the entire table. In poker games such as stud the term board can be used to described any of each players available upcards which are visible to the entire table.