Basic Poker Betting Terms
The context of this example is
that it is your turn to act and
that you have already acted once
in the hand and you have a
current bet already in
front of you - shown in
The action has circled around
the table and your opponents
have made raises such that you
are now call short - shown in
Folding is a decision to
not spend any more money
on the hand and forsake your
current bet already in the pot.
Checking is a decision to spend
zero to stay in the hand and it can only
occur when the call short amount is zero.
Calling is a decision to
spend the call short amount
thus keeping you in the hand.
Betting/Raising is a decision to
spend the call short
amount plus one table bet - shown in
Balance is the amount of chips at
the table that are still fully within your
control - not in the pot.
Spending/Wagering is the act of
moving chips from your balance to
the current bet in front of you.
Your Spend/Wager is then considered
to be the property of the hand and is no
longer within your control.
For No Limit and Pot Limit games:
A Stated Raise is a decision
to spend the call short amount
plus a stated raise amount of
more than one table bet and
less than your
Allin is a decision
to spend your entire balance.
Pot Limit has the additional constraint
that you cannot spend more than the current
size of the pot.