This is known as "doing business" It's fairly common in the card room that I regularly play at
If all the money is in at some point the players can flip their cards if they'd like and then discuss if they want to do business.
For example I ran business last night in the following hand
MY hand: Ac 2c
Board: Ad 2s 4s
Opponents Hand: (all the money went in on the flop) As 5s
I figure it was roughly a coin flip, or I mayhave been behind a little
We did business, which means we ran the turn and river 3 times each, split the pot into 3 piles, and the winner of each time got it's individual third of the pot... sometimes people make it so that if it's even after 2 the pot is hcopped, some do not.
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"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents."
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