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Late Position - A position in which you act after most of the other players during a round.
Leg Up - Being in a situation equivalent to having won the previous pot, and thus liable to have to kill the following pot if you win the current pot.
Live Blind - A blind bet giving a player the option of raising if no one else has raised.
List - The ordered roster of players waiting for a game.
Lock-Up - A chip marker that holds a seat for a player.
Loose - Playing more hands than normal.
Loose Game - A game with a lot of players in most hands.
Lowball - A draw game where the lowest hand wins.
Low-card - The lowest up-card at seven-card stud, which is required to bet.
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