All Texas hold’em games are not created equal. In fact, every variation of the game is light years different from the others. What we’d like to do is start by introducing you to these different variations. Texas hold’em games can be divided into three main types: cash games, tournaments and sit and go’s. Within each of these subsections, there are more variations that we will go over as well.

Remember, while these different formats are in fact different, they are still just variations of classic Texas hold’em. The rule sets are going to be the same. The same hands that beat other hands will not change. The order in which you play along with the flow of the game will be the same. 온라인홀덤 The only things that will be different will be the format of how the game is set up. Let’s take a look at each, and it will make much more sense to you if you’re currently confused.

Cash Games
A cash game is a poker format where you can play for as many or as few hands as you want. A cash game has no definitive end, and the blinds and antes never go up. Players will come and go from the game as they please and are never required to play a certain number of hands.

When you buy-in to a cash game, you are given chips that represent the exact amount of money you used to buy-in with. If you buy-in with $200, then you are given $200 in chips. If you take those chips back to the cashier, you can get $200 in cash back. Cash game chips are effectively the same as cash. They hold a cash value.

You’re free to sit down and play one hand in a cash game and leave if you want or you can sit down and play for 20 hours straight. Every other player at the table has the exact same right as well. Cash games come in varying stake/blind levels, but they will always stay at the stake/blind level that is posted. They will never increase as they do in some of the other formats we will mention.

For example, if you were to sit down in a $1/$2 cash game, the small blind would be $1, and the big blind would be $2. At no point will these ever increase. During hand 1, the blinds will be $1/$2…at hand 8,479, the blinds will be $1/$2.

As we mentioned, you are free to leave a cash game at any point in time that you want to. When you leave, the value of the chips you have in front of you is the amount of money you will get back from the cashier. If you started with $200 in chips and get up when you have $300 in front of you, you’ll get $300 in cash back. If you start with $200 in chips and cash out when you have $150 in front of you, you’ll get $150 in cash back.

Also, if you lose all of your chips in a cash game, you are always free to buy back in. You are not eliminated from the cash game. You’re free to purchase more chips and get right back into the action.

Tournaments
Tournaments are much different than cash games. A Texas hold’em tournament is a poker competition where players compete until one player has all of the chips in play. The blinds and antes continue to rise on a fixed schedule until the tournament is completed.

Players pay an entry fee for a set number of chips instead of buying chips that match the amount of money they put in. This means that technically tournament chips have no cash value; they are only tournament units. Players are not permitted to ever cash out of a poker tournament, but must play until they are out of chips or until they have all of the chips in play. Players are awarded prize money based on what position they finish in the tournament.

Let’s break this down a bit more to make it clearer. Let’s say that 100 people sign up for a $100 Texas hold’em poker tournament. Each player is given 10,000 in chips. Obviously, these chips do not equal $10,000. They are just units for the players to work with to see what place they finish in.

The tournament will start, and the blinds will rise to help force the action along. When a player is out of chips, they are out of the tournament (with exceptions we will cover below). The play continues until 1 of the 100 players has all of the chips in play.

So, how does the money work? Well, 100 players each put in $100, so the total prize pool is $10,000. This prize pool is usually distributed based on what position the players finish in. While this can vary, the industry standard is for the top 10-15% of players to receive money with the amount increasing the higher you finish. The remaining players receive nothing.

The payouts for this tournament might pay the top 15 players with first getting much more than 15th. The level at which the payouts increase will be determined by the site or poker room putting on the tournament.

Different Types of Tournaments
Just as all Texas hold’em games are not created equal, all tournament formats are also not created equal. There are a multitude of different popular formats that you will encounter at some point along your poker journey. Are you required to know how to play and beat all of these to be a successful Texas hold’em player? Of course not! You can make your whole career out of only playing one of these formats and do just fine.

Freezeout Tournaments
Rebuy and Re-entry Tournaments
Satellite Tournaments
Bounty Tournaments
Sit and Go’s, Shootouts, Steps and Heads Up Tournaments
Guaranteed Tournaments
Pot Limit vs. No Limit vs. Limit
If you aren’t already overwhelmed with all of the different options with Texas hold’em yet, we’ve got more for you! Within each of the different formats we listed above, you have three more variations of the game that can be played. These variations have to do with the style of betting and the amount that you are allowed to bet on each street.

No Limit Texas hold’em
This is by and far the most popular form of Texas hold’em there is. This is the style that is played during the WSOP Main Event and most likely the style you’re accustomed to playing. For that reason, most of the rest of this guide and the strategy sections deal with no limit. In no limit Texas hold’em, you can bet as much or as little of your chip stack as you want at any point in the hand. There are no limitations. Your entire stack is always in play.

This makes for a much wilder and more exciting format of poker. The pots are usually bigger, the action is faster and the chance to make a fortune grows.

Pot Limit Texas hold’em
This version of Texas hold’em is “no limit lite.” In this format of the game, you are only allowed to bet as much as is in the pot. If there is $100 in the pot, then the maximum you can bet is $100. If there is $800 in the pot, then the maximum that you can bet is $800. You are limited in your bet size by the pot, hence, why it is called pot limit.

Limit Texas hold’em
Sometimes referred to as an old man’s game, limit Texas hold’em is a structured betting game where you can only bet or raise a fixed amount on each street. While this may sound like a buzz-kill and somewhere you can’t make a lot of money, that’s definitely not the case. Limit games will sometimes play very big with the chosen limits being in the thousands per bet.

Even though limit Texas hold’em is technically similar to no limit Texas hold’em, the strategic implications are so different that some regard it as a totally different game. These people are somewhat right and somewhat wrong. The strategic theory is similar, but it just is altered due to the limits in betting sizes. You have only one bet size to react to instead of interpreting a lot of different bet sizes as you do in pot limit or no limit.

Texas Hold’em Strategy
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