What does Counterfeit mean in poker?

The term Counterfeit is often used in reference to an Omaha high / low split game, when a card lands on the board that doesn’t improve a player’s hand, but instead, makes it worse.

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In an Omaha high / low split game, if you have an Ace and two with a three, five and seven on the board, you have the best possible low hand. If the turn or river is a two, your hand is often “counterfeited” because you don’t have the best possible low hand any more. Counterfeiting can also occur with high hands, or in Texas Holdem games. In a Holdem game when you have a hand like eight nine and the flop is ten, Jack, Queen and the turn or river is a nine, it often gives an opponent a higher straight, counterfeiting your hand.

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