Limit Vs No-Limit Poker

TxHoldemThe latest poker phenomenon has strictly been No Limit Texas Hold ‘Em.
You put in an entry fee and you play to get to that glorious final table for big money.

This form of poker has only really existed since the first World Series of Poker tournament in Las Vegas, back in 1970.
The other form of poker (and much more popular overall) is Limit Hold ‘Em.

The betting rounds are structured so that you can not bet any random amount at any time. The most common versions of the game are $3-6 or $5-10 limit.
What this means is that before the flop, you can bet $3 ($3-6 example). After the flop, you still can only bet $3.
During these first two rounds, if you decide to raise after a bet, it also can only be $3.
Most casinos or card rooms allow for up to four raises per round. The fourth card, Fourth Street, allows a bet of $6.
The raise structure is the same, meaning that you can only raise $6 after a bet.
The River card, or Fifth Street, has the same rules as Fourth Street.
This type of poker allows you to not lose everything on a single hand.

However, be warned! There are different pitfalls to this type of game.
You will be very tempted to chase your hand to the bitter end. It may work out for you. The operative word is may.

You will be most likely facing multiple other players doing the same thing.

Think of this scenario as a typically $2 lottery scratch off ticket. You could hit it big.
Theoretically, one in every five tickets should be a winner. That gives you a twenty percent to win.
This is not a sound policy. Playing a bit more conservative might save you money and allow you to be
respected when you do join a pot.

By playing a bit more carefully, other players are more likely to fear that you have a big hand.
This will also give you leverage when you bluff, or make a play at a pot with no hand.

The Limit game also takes a small amount of money to start. Depending upon the blind levels,
you can start playing for as little as $20.
You can always buy back in for more money if you have a bad run of cards and luck.

It is also a much less intimidating way of playing.
The No Limit table will typically be chalked with experienced players that also may have large bankrolls.
However, if you want to make a lot of money quickly, this would be a better option.

You can push all of your chips in at any point to reach a few different goals.
The first is to win big money if you have the winning hand or put your opponent to a very difficult decision.

You don’t need cards to win. You need a good instinct and guts. As the great Greek poet Virgil said around 50BC,
“Fortune favors the brave”. Many of the world’s best players are aggressive.

It’s easy for an aggressive player to push around a weaker player in a No Limit game.
Aggression will allow you to build a chip stack fast.
Your big stack can be used to make calls you would not normally make with a smaller stack.

You may be in position to knock smaller stacks out of a tournament,
if you are in a No Limit tournament setting. The aggression form of poker can also be a destructive theory.
While being aggressive can net high amount of chips, the opposite is also just as possible.

After losing a few pots, your leverage is gone.
It is gone because you can be knocked out of the tournament by someone else without hurting their chip stack most likely.
Leverage should always be preferred to being short stacked.
The ability to control the flow of the game makes other people have to conform to your style.
Conformity isn’t winning proposition.

-Dustin Goad

Practice your skills at one or more of the many online poker rooms.

This entry was posted on Wednesday, November 4th, 2009 and is filed under Beginner. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
blog comments powered by Disqus