[jonahrd]

The game truly doesn't function without stakes. With no bets, the only stakes are losing your entire stack and not being able to play, so it pushes the game very early on into all-in territory.

With small sums ($5), it's too easy to slip into the same mindset after your buddy offers you a beer (since it's basically paid for)

In high school we combatted this with a $20 buy in. Now we do a $50 buy in. Sure, it kinda sucks to lose. But the money is just going back to your friends, and a dinner + drinks out on the town is likely to cost the same. Even when you lose you still had a fun night. And when you win it's even better!

Of course, we are only playing once every few months.. so it's really not a big issue financially.