Poker Pot Limit And No Limit

Poker is sometimes played as pot limit or no limit. These are betting structures often used in high stakes poker games. Pot limit games allow players to bet any amount up to the current size of the pot but no more. For example, if the pot holds $75, the largest allowable bet is $75. If a player then bets pot limit and places $75 more into the pot, the pot would now contain $150. The betting limit is now set at a maximum of $150.

No limit poker is even a wilder version. It states that a player's maximum bet is limited only by the table stakes rule. The World Series of Poker played at the Horseshoe Casino in Las Vegas every year plays no limit style of hold 'em poker with a $10,000 buy-in.

Pot limit and no limit poker are too vicious for the average player (unless comfortable maximum betting ranges are set by the players) and should not be considered by anyone but top level players with big purses. In this book, we'll assume just the limit variety of poker, the game almost universally played by most players in private and casino games.

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Poker Table Stakes

Table stakes is a rule in casino poker and almost all private games. It states that a player's bet or call of a bet may not exceed the amount of money he has on the table in front of him. For example, if the bet due from a player is $25, and he has only $10 remaining on the table, this player is considered tapped-out. He may call the bet only to the tune of $10. He is not allowed to withdraw money from his wallet, borrow from others, or receive credit during a deal. Those actions are permissible only before the cards are dealt.

In the above example, the remaining $15 and all future monies bet during this hand would be segregated into a separate pot, called a side pot. The tapped-out player can still receive cards until the showdown and play for the original pot, but he can no longer take part in the betting, and has no interest in the side pot. The other players, however, can continue to bet and wager against each other for the side pot as well.

Should the tapped-out player have the best hand at the showdown, he would receive only the money in the original pot. The side pot is won by the player having the best hand among the remaining players. Should one of the other players hold the overall best hand, that player wins both the original and the side pot.

If only one other bettor remains when a player taps out, then there is no more betting. Cards are simply played out until the showdown. In the above example, the opposing player would have $15 of his $25 bet returned to him, since only $10 of his bet can be called. At the showdown, the best hand would win the existing pot.

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