Pot-limit Hold
Again, the structure of pot-limit Hold'em (PLH) is the same, except that the betting is limited to the size of the pot. So if the blinds are $10-$20, and you want to raise the pot (make the maximum raise), you can call $20 and then raise $50 more ($10 small blind + $20 big blind + your $20 call = $50), making it $70 to go. When it is your turn to act, you can always bet or raise the size of the pot. Because it is almost always correct to bet the size of the pot, you see a lot of big bets in pot-limit Hold'em—especially on the last round of betting when the pot is huge—just as in no-limit Hold'em.
Because the differences between PLH and NLH aren't very significant, especially to beginning and intermediate players, I'll treat the games the same way in the chapters on strategy. However, I will point out some of the subtle differences in strategy along the way.
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No-limit Texas Hold
No-limit Hold'em (NLH) is considered the Cadillac of poker games, because most professionals believe it involves more skill than any other modern-day poker game. The structure of no-limit Hold'em is exactly like that of limit Hold'em, except that when it is your turn to act you can bet any amount at any time during the hand! In plainer language, the game is still dealt the same way, but now you can bet any amount at any time. It's pretty exciting to watch someone push a mountain of chips into one pot! At the World Championships of 2001, I pushed in almost $1 million in one hand, and lost!
After a flop of Q-9-3,1 bet out $70,000 and Carlos Morten-son raised it to $270,000 to go. I studied awhile and then reraised all of my chips (about $1 million total) with Q-10 (top pair), thinking that Carlos had at best Q-J, and that he couldn't call me even if he did have Q-J. Carlos did have Q-J, but he made an incredible call on me! No-limit Hold'em is treacherous; I had survived for five days in the World Championships, only to get blown out in one single spectacular hand!
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