House banked definition

House banked means a game in which players with winning hands are paid by the dealer with money from the chip bank on the poker table and/or by hand with money belonging to the retail licensee. In a house banked game, player's wagers will not be pulled into a common pot, nor will such a pot be awarded to players with winning hands.

Related to House banked

  • Quotation Agent means the Reference Treasury Dealer appointed by the Company.