Today I'm going over a game from a different family of poker. It's called Guts. If you haven't heard of it, be afraid.
Like most card games, there are different variations of Guts. My favorite keeps it simple, two-card Guts. The betting beings with an ante. Everyone is dealt two cards down and the players review their hand. The hand strength ranges from a pair of aces being he strongest down to a 3 high card being the weakest. The players then declare whether they are in or out for the round. Declarations must be made by all players and at the same time. This is usually done by players holding their hands out, opening them at the same time, and revealing either a chip (meaning in) or an empty palm. The players who are in showdown their hands. The best hand takes the pot, all losers match the pot. The players who opted out only lose their ante. A new round follows with all players anteing, declaring and showing down once more.
This game is an exercise in escalation. As players stay in and rounds roll over, the pots become huge. To illustrate, an example: If the game has seven players anteing a dollar each, the pot begins at $7. Three players declare in, meaning two will lose. They each pay the pot $7 while the winner takes $7. Round two, everyone antes. The pot is now $21. If round two has 4 players in, the pot will be $70 going into round three. I've seen rounds go up to eight and I barely ever play Guts.
It's hard to appreciate the fortunes won and lost at this game unless you play, but please keep it small. If you are used to putting $50 on the line, I wouldn't start with antes over a quarter. You'll be at $50 in no time. Keep in mind the game doesn't end until only one player declares in, giving the player with the most disposable income a considerable advantage.