To take a portion of the pot to pay for a shared expense.
ADDITIONAL INFORMATION: This is done only upon agreement of all players. It is commonly done in social games for snacks or drinks.
EXAMPLE: "Anyone want to cut the pot for pizza?"
APPLIES TO: Land-based Venues
SYNONYMS: Pot, Pot Out
RELATED TERMS: Pot - [Item] Pot
To distribute portions of the pot to multiple players.
EXAMPLE: "We were playing pot limit Omaha high-low, and I had the nut low. I lost the high, so we had to cut the pot."
APPLIES TO: Online and Land-based Venues
RELATED TERMS: Quarter, Three-Quarter