Felted
Getting felted means losing your entire stack, so only the felt of the table is left in front of you.
The simple explanation
To be felted is to lose all your chips. Nothing remains in front of you but the felt on the poker table. The word is used in live poker, but it is also said about online play.
A closer look
Being felted in a cash game is not the end: you can buy more chips. In a tournament it means elimination. The expression is informal and usually comes with a sigh after a bad hand.
A practical example
A player loses his last chips on the river and says, 'I got felted.'
Full explanation
Getting felted means losing your entire stack, so only the felt of the table is left in front of you.
Felted means having lost your whole stack. Only the felt of the table is left in front of the player.
In a tournament, being felted means you are out. In a cash game you can rebuy.
The word is closely related to the phrase down to the green.
Players use it as a casual expression for busting out.