What does holdout mean?
Definitions for holdout
This dictionary definitions page includes all the possible meanings, example usage and translations of the word holdout.
a negotiator who hopes to gain concessions by refusing to come to terms
"their star pitcher was a holdout for six weeks"
a refusal by a negotiator to come to terms in the hope of obtaining a better deal
the act of hiding playing cards in a gambling game so they are available for personal use later
One who refuses to give consent to an agreement in the hope of an improved offer; one who holds out.
In gambling jargon, a holdout is any of numerous accessories used by cheats to help them "hold-out" a card during a game. Some holdout devices are extremely simple and require moderate or advanced manipulative skill to be used properly. On the other hand, there is a group of holdout devices which are mechanical in nature, therefore they fall under a separate category of holdout machines. Even if those machines are complex mechanical apparatuses, they still require a good level of skill from the cheat's part, to be used well. Most of the holdout devices used today were invented in the 19th century. The main purpose of any holdout device is to temporarily hold a card out of the game, so that the cheat may retrieve it at some later convenient time. Only one card out of play can tremendously increase the odds of winning. The cheat not only knows the identity of this card and knows that it couldn't possibly be dealt to any other player, but this card also serves as if an extra card was dealt to the cheat on every round. In effect, this is as if the cheat was dealt a bonus card, so that he may decide which combination of cards he likes best and finally discard the unwanted one, only to possibly use it on the next round.
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The numerical value of holdout in Chaldean Numerology is: 9
The numerical value of holdout in Pythagorean Numerology is: 5
Examples of holdout in a Sentence
One strong holdout? That's not a resounding rejection of the death penalty.
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"holdout." Definitions.net. STANDS4 LLC, 2023. Web. 25 Mar. 2023. <https://www.definitions.net/definition/holdout>.
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