No‑Limit is a betting structure where players can wager any amount up to their entire stack.
Explanation. In no-limit poker, players may bet all their chips at any time. The term underscores the absence of bet size restriction. No-limit games—like NL Hold’em—permit all-in moves, deep-stack manipulation, and bluffing dynamics unlike fixed-limit. Understanding stack management and pressure is key in no-limit formats.