Crossbooking
word type: verb
- Crossbooking is an agreement between two players to gamble for a percentage of winnings in addition to the stakes being played but determined by the same results.
E.g.
- Two players in a cash game agree to crossbook 100% of each others action. One player wins $500 more than the other in the session, so he receives $500 from his less successful opponent.
- Poker Terms contributor Shane Schleger agrees to crossbook 10% of the WSOP ME with his best friend; Schleger wins first place for $7M, his friend owes him $700k.