In poker it is sometimes necessary to split, or divide the pot among two or more players rather than awarding it all to a single player. This can happen because of ties, and also by playing intentional split-pot poker variants (the most typical of these is high-low split poker, where the high hand and low hand split the pot).
To split a pot, one player uses both hands to take the chips from the pot and make stacks, placing them side by side to compare height (and therefore value). Equal stacks are placed aside. If there is more than one denomination of chip in the pot, the largest value chip is done first, and then progressively smaller value chips. If there is an odd number of larger chips, smaller chips from the pot can be used to equalize stacks or make change as necessary. Pots are always split down to the lowest denomination of chip used in the game. Three-way ties or further splits can also be done this way.
After fully dividing a pot, there may be a single odd lowest-denomination chip remaining (or two odd chips if splitting three ways, etc.). Odd chips can be awarded in several ways, agreed upon before the beginning of the game. The following rules are common:
Sometimes it is necessary to further split a half pot into quarters, or even smaller portions. This is especially common in community card high-low split games such as Omaha hold'em, where one player has the high hand and two or more players have tied low hands. Unfortunate players receiving such a fractional pot call it being quartered. When this happens, an exception to the odd chip rules above can be made: if the high hand wins its half of the pot alone, and the low half is going to be quartered, the odd chip (if any) from the first split should be placed in the low half, rather than being awarded to the high hand.