Price
Price is the amount of chips or money you need to call a bet in poker. It’s what you must pay to stay in the hand and see the next card. Think of it as the entry fee to keep playing. If someone bets $10, the price for you to call is $10. Simple as that.
The origin of Price in Poker
The term “price” in poker has been around since the game’s early days. Back in the Wild West saloons, players needed a straightforward term to understand how much it would cost to stay in the hand. The concept of “price” fit perfectly and has stuck around ever since.
Examples of use:
“The price to see the river is $50. Are you in?”
Player 1: “I’m raising $20.”
Player 2: “Alright, the price to call is $20. I’m in.”
You can use it in real life too…
- “If you want to attend that concert, the price is $100. Worth it?”
- “The price to get into this club is steep, but the music is amazing!”
- “I guess the price of being late is missing the first part of the movie.”
When playing, be aware:
Always know the price to call
Before you make any move, be sure you know the price to call. This helps you manage your chips better and avoid costly mistakes. If you don’t know the price, you might end up calling a bet that’s too high for your hand strength, which can lead to an early exit from the game.
Don’t overpay for weak hands
Just because you can afford the price doesn’t mean you should. Avoid calling bets with weak hands just because the price seems low. Over time, these small, unnecessary expenses can chip away at your stack. Be smart about the hands you play and what you’re willing to pay for.
Price means the same in other sports?
In sports betting, “price” also refers to the odds or cost of placing a bet. For example, if you bet on a team to win, the price is the odds provided by the bookmaker.
In auctions, the term “price” has a different meaning. It refers to the final amount paid for an item, which is not the same as in poker where it’s about the cost to continue in the current hand.
Trivia
Did you know that the highest “price” ever paid in a poker game was $20.5 million? That’s right, in one of the biggest cash games ever played, billionaire Andy Beal faced off against a group of professional poker players known as “The Corporation.” The price to see those cards was definitely not for the faint of heart!
