FYI Poker Fixed Limit, No Limit and Pot Limit explained.
Poker is an easy game, right? Whether it’s 5 Card Draw or Texas Holdem, the rules of hand ranking remain the same. The player with the best 5-card hand wins. Draw phases and flop-turn-river community draws are simple enough to comprehend. But if you sit down at a table without a basic knowledge of limit-based betting structures, you’re not going to have any idea how many chips to put in the pot at any given time.
There are three basic limit types, known as Fixed Limit
Limit (NL) and Pot Limit (PL).
Don’t just assume that you know what they mean, based on the names.
No Limit may sound like you can bet any amount at any time, but
that’s not the case. If you don’t have a competent understanding
of these terms, you’ll get laughed off the table faster than you
Holdem Poker Fixed Limit Betting
In a fixed limit poker game, the size of all bets are – you guessed
it – fixed. You can only bet specific amounts at each betting
interval. There will be two bet sizes noted in the name of the game;
one low and one high. For example, a $1/$2 FL poker game. These
denote the small and big bet sizes in the first and second half of a
Holdem game. They do not, however, denote the size of the small blind
and big blind, as most beginners might assume, nor do they mean you
can choose to bet $1 or $2 at any given time.
In Fixed Limit Holdem (FLHE), there are four betting rounds. The
first half of the game consists of Pre-Flop and Post-Flop betting.
The second half are Turn and River bets. In a $1/$2 game,
Pre/Post-Flop bets and raises must be exactly $1 each, while
turn/River bets increase to $2 each.
The big blind is always equal to the smaller stake in fixed limit
games. Thus the small blind is $0.50, and the big blind $1.
Poker No Limit Betting Structure
A NLHE poker game is played similar to that of a FLHE game, in terms
of small/big blind betting. The small blind is equal to half of the
low-end bet size, and the big blind is equal to the low-end bet size.
Otherwise, these bet sizes denote only the minim bets and raises that
can be placed in the first and second half of the betting rounds.
There is no cap on any bets or raises. You are only restricted by the
amount of chips to your name.
In a $1/$2 NLHE game, all bets and raises must be at least $1 during
Pre=Flop and Post-Flop betting rounds; at least $2 in Turn and River
Poker Pot Limit Betting Rules
This is the hardest of all limit structures to get used to,
despite the fact that it’s name is the most telling of them all.
PLHE is the perfect meld of FL and NL games. The limit is fixed, but
it grows larger with every wager placed, with the maximum bet/raise
always being equal to the size of the pot.
Like in all poker games, the small blind is half the low-end
limit, and big blind equal to the low-end limit. Akin to NL games, a
bet limit of $1/$2 means these are the lowest possible bets and
raises in the first/second half of betting rounds. But every time
chips go into the pot, the max bet/raise increases to match the
current pot size.
If the pot has $10 in it, you can bet $10. Doing so increases the
pot to $20, giving the next better the option to raise as high as
$20. In this way, PL games – most often played as Omaha Holdem (aka
PLO) – start out cheap like playing poker at fixed limit rules,
but have the potential to get very expensive, like no limit poker.
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