Multiway pot
Also: multi-way pot, family pot
A pot contested by three or more players after the flop. Everything shifts: bluffs have to get through several opponents instead of one, value bets need stronger hands, and the chance that somebody holds a piece of any given board rises sharply.
The practical rules of thumb invert. Continuation betting, which is close to automatic heads-up, becomes selective; top pair with a weak kicker turns from a value hand into a bluff-catcher; draws gain because the pot is already large and the implied odds are real. Position matters more than usual because there are more players to act behind you.
Live games run multiway far more often than online ones, which is the single biggest reason strategies that print money in one do not transfer cleanly to the other.
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Should you bluff in multiway pots?
Far less often. Every extra opponent is another chance for someone to hold a hand they will not fold.