Poker terminology is used by players to communicate with each other. Among these terms are “all-in” and “minimum action,” which describe the amount of money that can be risked on a hand. To get started, read TwinSpires’ guide to poker terms to make sure that you understand them. The term “lot of action” refers to a pot that has been frequently bet on. In addition, “maximum action” refers to risking all of your chips on a single hand.
Each player makes bets at different intervals. The first player in a hand has the honor of placing his money in the pot. After a player has placed his or her bet, the other players must place their chips in the pot. If the pot is full, the winner of the hand takes home the entire pot. For example, if there are five players in a table, each player must place a chip in the pot equal to the total amount of money that each other player has put in.
All but one player may fold during the betting rounds. When all players have betted, the winner is the player with the highest ranking poker hand. During this phase, all but one player is free to fold, but they must make a minimum bet in order to bet. If the player has a higher hand than the other players, he or she may check in later betting intervals. This round is called “showdown” and determines who wins the pot.