Games played at the highest levels of stakes. Online cash games fromR$5/$10 and up (akaR$1000NL and up for No Limit Hold'em games) are considered high stakes. Live cash games played aboveR$10/$25 are considered high stakes games.
The phrase "high stakes" is derived directly from a gambling term. In gambling, a stake is the quantity of money or other goods that is risked on the outcome of some specific event. A high-stakes game is one in which, in the player's personal opinion, a large quantity of money is being risked.
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Aaron's Sorkin's Molly's Game stars Jessica Chastain as the real-life Molly Bloom, who ran the most exclusive high-stakes poker games in the world.
Molly declines this deal, fearing that the information about her players would be released, and she pleads guilty. The judge, deciding that she had committed no serious crimes, sentences her to 200 hours community service, one year probation, and a $200,000 fine.