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PVS: Forum jargon named after poster “Phil Van Sexton”: a play in which a player attempts to steal the dead chips in a pot caused by limping or a raise and a few callers all believed to be weak. Usually this is done when the dead chips in the pot are a significant percentage of the player’s stack, and is only really a PVS when done with junk cards.
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He made a post a while back about something he likes to do in level 3 to pick up some extra chips. Can't find it after a quick search though.
edit: Okay,
here it is. Also, Phoenix makes a
good explanation