VP$IP(Voluntarily Putting money Globe Pot) - It's the % of that time the player is in the pot. For example, a 40% VPIP means you is in 40% in the pots. This measures the looseness of a player pre-flop: if a gambler calls 40% of the hands preflop, he's a very loose player and it is highly likely that he's a bad player. For full-ring tables (10 players), a VP$IP of 10%-20% is considered tight. A VP$IP of 30% greater is very loose.
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