Time cut is a brick-and-mortar casino term used to refer to the money charged by the casino for playing in their poker room. The term is also known as axe or collection.
Unlike other casino table games, poker is played against other players and not against the house. Therefore, in order to make a profit, casinos charge players for the time they’ve spent playing poker in their private poker rooms. Depending on the casino you’re playing at, the house will charge you for every 30 or 60 minutes spent playing. Naturally, the amount varies from one casino to another and can also vary depending on the stakes.
In some cases, especially among professional poker players who often play with high stakes, players will make a deal so that the first person who wins a big pot (amount decided by the players) will pay for the entire table.