When a player is established as the banker, they put up an initial stake known as the "bank", or "center bet". Once they have placed their stake, and announced the amount, the other players have a chance to cover or "fade" their bet. Starting with the player to the banker's left, and proceeding clockwise around the circle, each player in turn can fade a portion of the bank, as much as they like, until the entire bank is covered or every player has had a chance to make a bet.