To felt someone in poker is to take all of their chips (leaving them only "the felt" of the table in front of them, hence the term).. Popularized by professional poker player Phil Laak, the term felt is most often used transitively, as something one poker player does to another, though it can be used to describe one's own state ("I just got felted!"). 2/5 - What does this mean? — Red Chip Poker Forum 2/5 casino My last hand of the night yesterday was rather odd. I haven't seen/learned enough about it to determine what it meant. Hero UTG $915 - I have been at the table since it opened 4 hours ago.