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Hold'em Memory Glossary - L

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Late PositionA position on a round of betting in which you act after most of the other players have acted.
Lay DownTo reveal one's hand in a showdown.
Lay Down Your HandTo fold.
Lay The OddsTo wager more money on a proposition than you hope to win.
LeadTo be the first to enter the pot after the blind.
LeakTo lose back part or all of one's winnings through other gambling habits.
Legitimate HandA strong hand that is not a bluff.
Limit PokerA game with fixed minimum and maximum betting intervals.
Limp InTo enter the round by calling a bet rather than raising.
LimperA player who enters the pot for the minimum bet.
Live BlindWhen the player is allowed to raise even if no one else raises first; straddle.
Live CardIn 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 HandA hand that is still eligible to win the pot.
Live OneAn inexperienced, bad or loose player who apparently has plenty of money to lose; a rich sucker.
LockA hand that cannot lose; a cinch hand.
Long OddsThe odds for an event that has a relatively small chance of occurring.
LookTo call the final bet (before the showdown).
LoosePlaying more hands than the norm.
Loose GameA game with a lot of players in most pots.
LowballA form of poker in which the lowest hand wins.

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