What is the Definition of Stakes in a Friendly neighborhood Poker Games

Question

I got this book called rules of neighborhood poker and in it it says that the normal stake is for a neighborhood poker game is 50 cents to 2 dollars. Does stakes mean how much every player can put down in one round of betting. Example: If the stake is 1 dollar and the first person bets a dollar no one can raise it. OR Or does it mean that 1 dollar is the most that the pot can be raised at a time. Example: If the Stake is 1 dollar and the first person puts in a dollar, then the second person can raise that to 2 dollars and the person after that can raise that to 3 dollars?

Answer 1

Actually it`s not your fault in being confused here. I`m not sure either.  In stakes we generally mean what the blinds are and this is usually expressed as the small and big blind.  So I guess they mean the big blind varying from 50 cents to 2 dollars but who knows really.  You don`t need a book to set the stakes for your games though, just decide that among the players and go with what is agreed to.

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Answer 2

They are talking about limit poker where it can only be raised by a set amout.  If someone bets $1 you can only raise it to $2.