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LAMAS. High chips or checks representing $25, $50, and $100. There are no $1000 lamas, for the simple reason that with $100 chips any amount of money can be laid on the table.
LAY-OUT. The "lay-out" is composed of all the cards in a suit, commencing at the ace and ending at the king. These cards are posted upon a piece of velvet, which can be spread upon the table whenever the dealer chooses to open the game. When play has commenced, each player places his stake upon any card he may choose, and as the cards are drawn from the box, his bet is determined.
LEAVING OUT. When a dispute arises, a referee of outsiders or lookers-on, is appointed, to whom the difficulty is referred, and whose decision among professional men is decisive.
LITTLE FIGURE. Ace, deuce, and tray.
LOOK-OUT. The look-out is the man who is supposed to keep every thing straight, and see that no mistake is made, and that the dealer does not neglect to lift any money that he has won.