Hi
I am glad to see that Poker Blog is back, I have been a reader for a long time but I have never been a contributor to this or any other blog.
Rather than disclose a lot of personal information or talk about my bad beats, I thought I would try another theme and write about poker terminology or poker definitions.
I want to start with something I ran across just yesterday while playing at Foxwoods; its called an "action button." Now the action button is a lot like a "kill button" or a "kill bet" in hold'em but the betting action is different.
In a "kill" game the person who has met the standards for the kill; usually winning two consecutive hands, places a bet either 50% (half kill) or 100%(full kill) bigger than the big blind out on the button before the cards are dealt. The dealer announces the kill game and the opening bet has to match the kill bet and a raise must double it.
But an "action button", used in this case in a seven stud high/low game, works a bit different. This was a $5/$10 stud game with the low card bringing in for $1. The action button, who just won a scoop pot over $60, puts out the $5 action bet. Anyone acting before the "action button" could call the $1 bring-in or raise to $10; they could not call the $5. The "action button" acted in turn and if they checked (and everyone else did not raise); then when the action got back around to the early $1 callers, they could call the other $4 or raise to $10.
I was told that in some cardrooms the "action button" acts last but, in fact, they don't act last because even if they just check the bet, all the limpers for the bring-in bet had then to complete or raise.
It could be a bit complicated as you can see but it does add the "action" element into Stud, just as the "kill" does the same to Hold'em or Omaha. Its just a bit more complicated because of the bring-in bets and the lack of blinds in Stud.
Its called an "action button". Let me know if you have run into this in your cardroom. Next time, I will talk about another interesting poker term: "rathole".