Big Bet

In a fixed-limit poker game, a big bet (BB) is the larger of two fixed bet amounts. A big bet is used in the final rounds of a game to increase the pot amount and thereby enable the possibility of a bluff. Big bets are generally double the wager of the initial or small bet. Any multi-round poker game can use big bets to standardize wagers while maintaining a sufficient risk-ratio to encourage bluffing. Casino poker tables use big bets to set a limit to the amount of money a patron can lose in each wager.

Read more about Big Bet:  Statistical Analysis, Examples

Famous quotes containing the words big and/or bet:

    “She who marries for love marries well; she who marries for a big house does not.”
    —Chinese proverb.

    “Devil: I’ll tell you what. You want to hedge your bet with me? Make eternity a little less ... hellish?
    Amanda: What did you have in mind?
    Devil: Did you see Rosemary’s Baby?”
    —Blake Edwards (b. 1922)