All-In
Wagering all of a player's remaining chips in a single bet, typically in poker.
Detailed Explanation
Going all-in means committing every chip you have to the current pot. In no-limit poker, any player may push all their chips into the middle at any time, forcing opponents to call the full amount or fold. If an opponent has fewer chips, a side pot is created for the excess — the all-in player can only win the main pot up to the amount they contributed.
The all-in move is strategically powerful because it removes implied-odds calculations: the price to call is absolute. It is used as a value bet with strong hands to maximise chip extraction, as a bluff to apply maximum fold equity, or as a defensive shove when pot-committed and unable to call any raise.
In tournament poker, going all-in and losing means elimination. This raises the decision stakes dramatically compared to cash games, where a player can simply rebuy. The effective stack — the smaller of two players' stacks — determines the maximum risk in any all-in confrontation. Correctly identifying spots to risk one's tournament life (or avoid doing so unnecessarily) is a hallmark of skilled tournament play.
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Fold
To discard one's hand and forfeit the current pot, withdrawing from the round.
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Rake
The commission deducted by the casino from each poker pot as its service fee for running the game.
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Blind
Mandatory bets posted by the two players to the left of the dealer button before cards are dealt in Texas Hold'em.
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Pot Odds
The ratio of the current pot size to the cost of a call, used to determine whether calling a bet is mathematically justified.