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In Texas Hold'em, there are 2 face-down cards for
each player and 5 face up community cards. The player who makes the
best five-card poker hand with any combination of their 2 face-down
cards and the 5 community cards wins that round. In a Texas Hold'em
game, a marker is used to indicate which person is the "dealer" for
that round. There are no antes in Hold'em, instead, blinds are used
which are forced bets. Before the cards are dealt, the person to the
left of the dealer posts a bet called the small blind, which is normally
equal to half (give or take) of the minimum bet. The person to the
left of the small blind posts the big blind, which is equal to the
minimum bet. The first 2 cards are dealt to each player face down
(these are called the hole cards or pocket), and the person to the
left of the big blind starts the first round of betting. (Notice that
the big blind and small blind do not get to look at their cards before
betting, therefore, the term "blind" was introduced). In
the first round of betting, each player has three options: (1) call,
(2) raise or (3)fold. To call, the player must place a bet that is
equal to the last bet placed. (For the first player in the round,
this would be equal to the minimum bet.) A player may choose to raise
their bet by an additional amount, which the other players will then
have to call. If one's hole cards are not favorable, the player may
simply choose to fold and sit out the round.
This is called the flop. The second and all subsequent betting rounds start with the first player to the dealer's left, and players now has the option to check. By checking, the player indicates interest in the pot without placing a bet. Any player may choose to place a bet, which the other players must then call if they would like to stay in the hand.
Players can still raise if a bet has been made, or fold, if their hand is not favorable. After the second betting round, the fourth community card is dealt face-up (this is called the turn card). In limit games, the minimum bet doubles in the last two rounds of betting.
After the third betting round, the fifth and final community card is dealt (this is called the river card). A final round of betting ensues, and afterwards each player turns their hole cards face up, or if the player in front has a better hand, the next person can "muck" their hand. When you "muck" that means you throw your cards away without showing them. The highest hand that can be made with any combination of a player's hole cards and the five community cards wins the pot.
If two or more players have the same hand, the next highest card in the player's hand (the kicker) is used to break a tie. If there is no kicker card (the tied players have used both hole cards, or have the exact same hand), then the pot is split between them. The dealer button is then passed clockwise to the next player and another round of play begins.
There are three kinds of Hold'em games. In (1)Limit games, bets and raises are set at a fixed amount. A typical limit game would be $10/$20 ($10 minimum bet for the first two rounds, and $20 minimum for the last two rounds.) The big blind would be equal to the minimum bet ($10) and the small blind would be half the minimum bet ($5). Each round of betting is capped at a maximum number of raises, depending on the rules of the game. In online Hold'em games, raises are generally capped at 4 bets per round. New players will start with low-limit games and gradually work their way up to higher limits as their skill progresses.
In (2)No Limit Hold'em, the maximum bet is determined by the number of chips you have in front of you. Players can bet and raise by any amount that is equal to or greater than the minimum bet, and at any time, a player can go "all-in" by pushing all their chips toward the center of the table. To call, the other players at the table must push in all of their chips, up to the amount of their opponent's all-in bet. This is the type of Hold'em that is played on the pro level, and on TV shows such as the World Poker Tour and the World Series of Poker*.
(3)Pot Limit Hold'em is similar to No Limit, except that the maximum bet is determined by the number of chips currently in the pot. This allows players to experience the excitement and strategy of No Limit Hold'em without the necessity of a large bankroll. Pot Limit games usually have a maximum buy-in (the number of chips you start with) to keep the game competitive.