NNTP-Posting-Date: Tue, 21 Oct 2003 22:14:15 -0500
From: "Anonymous"
Newsgroups: rec.gambling.poker
References: <20031020222410.15380.00000945
Subject: Re: Table stakes
Date: Tue, 21 Oct 2003 23:14:41 -0400
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Thank you. That answers my question. I was in a low-limit home game
(Hold'em, etc.) that started out normal, but then got out of control when my
drunk friends started throwing $20 bills on the table when they really,
really, really liked their hands. Before I knew it, I was out of money. I
don't think that would have happened if we were playing table stakes. We
were basically playing "all the money in your wallet" stakes plus whatever
IOUs get offered. This is one home game that needs some structure.
"Garycarson1" wrote in message
news:20031020222410.15380.00000945@mb-m28.wmconnect.com...
> >Can someone please explain what "table stakes" means? Or better yet, do
> >people play non-"table stakes" anywhere?
>
> Table stakes just means you can't take money off the table and can only
put
> money on the table between hands -- and only money on the table plays.
>
> In low limit home games it's common to "go light", calling or betting on
credit
> to be settled up from your pocket at the end of the hand. In such games
you're
> usually expected to go light if you have money in your pocket. If you
declare
> all in it's considered bad form to then rebuy.
>
> When I was in the Navy we played "pay day stakes". You had the option of
> calling or betting with an IOU up to the limit of your next paycheck.
Such
> IOU's carried the standard 40% per payday juice. You also had the option
of
> playing table stakes in such a game if you declared such. You couldn't go
back
> and forth between the two however. Once you declared table stakes you
could
> not play with an IOU (although you could reload from your pocket)>
>
> Private games and home games have many such variations.
>
> The term table stakes used to by used as a synonym for no limit. That
usage
> has pretty much disappeared.
>
> Gary Carson