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Fixed limit (poker)

Also: fixed-limit, FL, limit

Poker term

A betting structure where bets and raises are fixed to set units.

At $10/$20, the early rounds go in 10s and the later rounds in 20s. Each round allows at most 4 bets: a bet plus 3 raises (the cap). You can't make opponents fold with bet size, so you win with value rather than bluffs. All 5 HORSE games, 2⁠-⁠7 Triple Draw and Badugi use this structure.

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