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Late Position - A
position on a round of betting in which you act
after most of the other players have acted.
Lay Down - To reveal
one's hand in a showdown.
Lay Down Your Hand
- To fold.
Lay The Odds - To
wager more money on a proposition than you hope
Lead - To be the
first to enter the pot after the blind.
Leak - To lose back
part or all of one's winnings through other gambling
- A strong hand that is not a bluff.
Limit Poker - A game
with fixed minimum and maximum betting intervals.
Limp In - To enter
the round by calling a bet rather than raising.
Limper - A player
who enters the pot for the minimum bet.
Live Blind - When
the player is allowed to raise even if no one else
raises first; straddle.
Live Card - In stud
games, a card that has not yet been seen in an opponent's
hand and is presumed likely to be still in play.
Live Hand - A hand
that is still eligible to win the pot.
Live One - An inexperienced,
bad or loose player who apparently has plenty of
money to lose; a rich sucker.
Lock A hand that
cannot lose; a cinch hand.
Long Odds - The odds
for an event that has a relatively small chance
Look - To call the
final bet (before the showdown).
Loose Playing more
hands than the norm.
Loose Game - A game
with a lot of players in most pots.
Lowball - A form
of poker in which the lowest hand wins.
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