Glossary of Poker Terms
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Terms starting with L
Large Bet
See big bet.
Leak
Winning poker players often lose back part or all of their
winnings through other gambling habits, either at the casino
or elsewhere (e.g., sports betting, craps, or golf). These
are often referred to as leaks.
Limit (Limit Poker)
Limit poker is any game in which there is a fixed limit on
how much you can bet or raise in any round. Limit games
usually offer either fixed-sized bets for different betting
rounds or spread limits, in which there is a minimum and
maximum bet for each round. For example, a 5-10 hold'em game
usually requires $5 bets and raises on the first two rounds
and $10 bets and raises on the last two.
Games are often referred to as low-limit, medium-limit, and
high-limit. Typical low-limit games are 2-4, 3-6, and 5-10.
Medium limits are 10-20, 20-40, and 30-60. High-limits are
50-100 on up.
More generally, the word limit is used to refer to the
maximum bet at a given point, whether it's pot-limit, spread
limit, or whatever. See also structure.
I didn't want to give him a chance to draw out on me, so I
bet the limit.
Limp
To flat call an opening forced bet is to limp into a hand.
Three players limped in ahead of me, so I decided just to
call.
Live
A live player, or "live one," is someone who is expected to
lose their money at a pretty good rate. Players reminding
floorpeople to fill a vacant seat often request a live one.
For other uses of the word "live" see live blind, live card,
and live hand.
Live Blind
A blind bet is considered a live blind if the player is
allowed to raise even if no one else raises first. See also
straddle.
Live Card
A live card is a card that has not been seen. In seven card
stud, for example, a player with a draw to a flush, is
concerned with how many of the remaining suited cards are
live (i.e., have not been seen in other players' hands). A
live hand is a hand for which many of the outs are still
live.
Live Hand
A live hand is a hand that is still eligible to win the pot
(i.e., one that has not been mucked or otherwise
invalidated). In seven card stud, a hand is also called live
if many of the cards which would improve it are still
unaccounted for (see live card).
Lock
A lock is a hand guaranteed to win at least part of the pot.
In a high-low split game, for example, the lock low is the
best possible low hand. See also nuts.
Loose
Playing loose simply means playing more hands and holding on
to them longer. In essence, loose with your cash. A loose
table is a table dominated (so to speak) by loose players.
Loose isn't always bad - excessively tight play can be
equally costly, especially at high levels of play. Looseness
should not be confused with aggressiveness.
A loose call is a borderline inadvisable or even incorrect
call.
He was playing so loose, it seemed like he was in every pot.
Low
In most poker games, the best hand wins. Most but not all.
In a number of games, the worst hand wins all or some of the
pot. Draw lowball and razz are just two examples of games
played for low. Omaha and seven card stud have popular
high-low split variants, in which the low hand gets half the
pot. There are two common ways to evaluate low hands. In
deuce to seven games, the best low hand is just the worst
high hand. The best possible low is 75432, provided there is
no flush. In ace to five games, straights and flushes don't
count, and aces are lower than 2's. So the best possible low
is A2345, a wheel.
Lowball (or Draw Lowball)
Five card draw played for low only (i.e., where the low hand
wins the entire pot).
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