Straddle
A voluntary third blind posted before the cards are dealt, typically twice the big blind, which gives the straddler last action pre-flop.
Detailed Explanation
A straddle is an optional live bet posted by a player (usually the player under the gun, immediately left of the big blind) before cards are dealt. The straddle is typically 2x the big blind and acts as a third blind, giving the straddler the last pre-flop action after all other players have acted.
The straddle increases the effective stakes of the game and often incentivises looser play from other players who do not want to fold too frequently to a blind post. Some casinos permit 'Mississippi straddles' (straddling from any position, including the button), which can dramatically increase action.
Mathematically, the straddle has a negative expected value — it is essentially paying to be in a worse position. However, it is used to increase variance, to generate action in a passive game, or to manipulate table dynamics. High rollers often straddle to signal aggression and loosen the table. Some cardrooms require all players to straddle in rotation (a 'mandatory straddle' rule), which levels the disadvantage across players.
Related Entries
Player & Finance
Action
The total amount of money wagered by a player during a session or period.
Poker Terms
Fold
To discard one's hand and forfeit the current pot, withdrawing from the round.
Poker Terms
Rake
The commission deducted by the casino from each poker pot as its service fee for running the game.
Poker Terms
Blind
Mandatory bets posted by the two players to the left of the dealer button before cards are dealt in Texas Hold'em.