Ladies
Two Queens.
Late Position
Position on a round of betting where the player must act after most of the other players have acted, (usually considered to be the two positions next to the button).
Lay Down Your Hand
When a player folds.
Lead
The first player to bet into a pot.
Limit Poker
A game that has fixed minimum and maximum betting intervals along with a prescribed number of raises.
Limper
The first player who calls a bet.
Limp In
To enter the pot by calling rather than raising.
The most common understanding of limping in, is when the first person to speak only calls the Big Blind.
Live Blind
An instance where the player puts in a dark bet and is allowed to raise, even if no other player raises.
It's also known as an "option".
Live Card(s)
In Stud Games, cards that have not yet been seen and are presumed to still be in play.
Live Hand
A hand that could still win the pot.
Live One
An inexperienced player who plays a lot of hands.
Look
When a player calls the final bet before the showdown.
Loose
A player who plays a lot hands.
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