CASINOS
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Table Stakes in All-In Poker
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Dear
Mark,
The answer to this question is probably right in front of my eyes, but I
cannot see it. I was watching a Poker tournament on the Travel channel when
player A, after seeing his first two cards, bets $10,000. Player B, still
in the game but with far fewer chips, pushes all his chips to the center
and states "all-in."
My question is, why can player B, with far fewer chips and unable to sustain
the future raises of player A, still be able to challenge Player A? Ralph
I.
Key to this mystery is the "All-in." Poker in most casinos is played as
"table stakes," meaning that only the chips in play at the beginning of
each the hand can be used throughout that hand.
The table stakes rule has a handmaiden rule, called the "All-In": a player
cannot be forced to forfeit a hand simply because he/she lacks sufficient
chips to call the bet. A player who does not have enough chips to call a
bet is declared All-In.
That player, if a winner, qualifies for only that portion of the pot as
it stood at the time of his final wager, not the whole pot. All further
action among the other players, following a bettor's "All-in" declaration,
takes place in a "side pot," which is inaccessible to the All-In player.
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