Let P = current pot size
Let C = the amount the player needs to call the current bet
Then the Raise Maximum = P + C
In order to make the raise the player would need to put 2*(P + C) into the pot.
For example, if the pot is $100 and I need to put $25 in to call, the maximum bet is $125. To make this bet I need to put $150 in the pot (first cover the call and then make the bet).
The amount is however usually rounded up to the nearest even chip denomination.
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