To make the first bet in a given round of betting.
EXAMPLE: "I led in early position and a player after me raised. I had a strong hand, so I reraised, but the opponent folded. It was nice to take down the pot, but I would've liked a caller or two since my hand was really good."
APPLIES TO: Online and Land-based Venues
RELATED TERMS: Automatic Bet, Continuation Bet, Under the Gun
The player who made the first bet in a given round of betting.
EXAMPLE: "The lead folded when I raised."