Meaning of the word "ante up" in English

What does "ante up" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ante up

US /ˈæn.t̬i/
UK /ˈæn.ti/

Phrasal Verb

1.

to pay one's share of money, especially in a game of poker

Example:
Everyone had to ante up before the game could start.
It's time to ante up if you want to play.
2.

to contribute or pay money for a common purpose

Example:
The company asked employees to ante up for the charity event.
We all had to ante up to buy a gift for the boss.