Wednesday, January 15, 2025
Fixed Limit
Noun
A specified wager amount that must be met exactly if a wager is to be made, rather than a specified range of allowable wagers. Different than a flat limit because a fixed limit may change between rounds within a given hand. Commonly referred to simply as the limit.
EXAMPLE: "The fixed limit was $5-$10."
APPLIES TO: Online and Land-based Venues
Adjective
Structured limit; in which the bets, raises, or reraises must be made for a specific amount rather than being allowed to fall between a minimum and maximum amount, usually with a lower amount for earlier rounds and a higher amount for latter rounds; as opposed to spread limit.
ADDITIONAL INFORMATION: In a fixed limit game with a $10-$20 betting structure, any bet, raise, or reraise in the first half of the game must be exactly $10. In the latter rounds of that game, bets, raises, or reraises must be exactly $20.
EXAMPLE: "I used to play no limit games and have only recently switched to playing structured limit games. I can't steal the pot or protect my hand as easily, and I am still adjusting to the different strategies."
APPLIES TO: Online and Land-based Venues
USAGE: Describes a game.