Poker Betting: Rules, Types of Bets, and Strategies

There are three different types of Texas Hold’em formats that impose limits on the amount a player can bet. In the battle of No Limit vs. Limit vs. Pot-Limit betting structures, No Limit is by far the most popular of the three. The other two are rarely run in casinos anymore, and while they can be found online and each has WSOP bracelet events, people don’t find the games as interesting as No Limit Hold’em. To find out why let’s break down what each of these limits means for how the game is played.

No Limit is the most common type of poker game, and its rules are pretty self-explanatory. There is no limit on the number of chips a player can bet at any time. The majority of these games will use a blind and ante system. For example, a game with $3/$5 stakes means that the small blind posts $3 and the big blind posts $5 each round.

Given that the game has no limits, players are free to go all-in with their entire stack from any point. If you’ve ever watched poker on television, it was likely a game of No Limit. No Limit Hold’em is often favored by TV shows due to the possibility of explosive all-in moments.

Example

Here’s an example of a hand that you could play in No Limit Hold’em but would be against the rules of Pot Limit or Limit:

• It’s a $1/$2 cash game where everyone is sat with $1000, and Player A raises UTG to $10. It folds round to Player B in the BB, who 3bets to $50, and Player A calls. The flop comes J♣9♠5♥, and Player B bets $150 into a pot of $101. Player A moves all in for $950 total, and Player B calls.

In this hand, every single aggressive action was for more than the size of the pot, and you can see how quickly stacks of $1000 can find their way into the middle of the table.

Pot Limit is probably the second most popular type of poker game after no limit. In this game, the maximum amount that can be raised has to be equal to the amount in the pot. Seems relatively straightforward, right? You may think so, but It can get a little bit more complicated.

When making a pot-sized bet, you’ll need to consider the size of the pot, any outstanding bets, and then the amount you’d need to call the last bet. The first person to bet doesn’t have any of these issues to contend with, but the next person will have a slightly more complex equation.

To raise, they will have to sum up the amount of the pot from before the bet, the last bet, and then the amount needed to call. For example, if the pot size is $50, and the previous person raised the maximum, the maximum raise will be $150. To make a call, the player will need to wager another $50. This can be made simpler by simply multiplying the last raise by three and then adding it to the size of the pot.

Example

Let’s look at a Pot Limit Hold’em hand example so we can see this in practice.

It’s a $1/$2 cash game where everyone is sat $200 deep, and in the CO, Player A wants to raise to the size of the pot. To calculate that, we can multiply the last bet by 3, then add the size of the pot before that bet – in this case, $2 x 3 + $1 = $7, so the maximum amount Player A can raise is $7.

On the BTN, Player B now wants to 3bet to the size of the pot. For this calculation, we multiply the last bet ($7 by Player A) by 3 and then add that to the size of the pot before the bet – $7 x 3 + $3 = $24, so the maximum amount Player B can raise is $24. Player A decides to call the 3bet, and we see a flop

The flop comes 8♥7♥6♣, Player A checks, and Player B bets the size of the pot, which is $51 after each player put in $24 preflop plus the $1 small blind and the $2 big blind. Player A would like to raise this bet, so to figure out the maximum, we multiply the last bet ($51) by 3 and add the size of the pot before that bet – $51 x 3 + $51 = $204. This is more than Player A has in their stack, so Player A just moves all in for their last $176, and Player B folds.

You’ll find in Pot Limit Hold’em that due to preflop raise sizes being capped to the size of the pot, you get much better odds when facing a 3bet compared to some of the standard raise sizes you see in No Limit Hold’em. It’s also much harder to get stacks into the middle, so you’ll see a lot more turns and rivers in Pot Limit games.

Limit Hold’em is the most restrictive game format of the three. You are only allowed to bet and raise in specific amounts based on the stakes you’re playing. The betting rounds are split two between preflop and postflop, where you play at half the stakes that the table is advertised, and the turn and river, where you play at the full stake level. Let’s look at an example:

The game is $1/$2 Limit Hold’em, but the blinds that are posted are $0.50/$1 by the SB and BB. Player A wants to raise from the HJ, and the only option they have is to raise to $2. Player B in the SB wants to re-raise, and their only option is to raise to $3.

Player C in the BB would also like to raise and the only size they can raise to is $4. Most Limit Hold’em games have a cap of 4 bets for each street so, after this raise, no one else can raise again. The action goes back to Player A, who calls the extra $2, and Player B calls as well.

• The flop comes K♣8♠3♥ and Player C bets $1, and both Player A and Player B call.

• The turn comes the 9♠, and now the betting limits have doubled – so each player can bet and raise $2 up to a maximum of $8 (4x the $2 bet). Player C bets $2, Player A raises to $4, Player B folds, and Player C calls.

• The river is the 2♥, Player C checks, Player A bets $2, and Player C calls. Player A shows 9♣8♣ for two pair and Player C shows A♦8♦ for a pair of 8♠.

Due to the fixed bet sizes, you’ll find that in Limit Hold’em you’re constantly being laid a good price to continue against a bet and you don’t have to win very often for a call to be profitable, so expect to see a lot of speculative calls from your opponents when you play Limit Hold’em.

Another term for a protection bet, “betting to take down the hand” is done when you likely have the best hand but don’t want to see another card. Making this bet denies your opponent equity, while still allowing you to get called by worse hands. This strategy is best employed with vulnerable hands that are susceptible to overcards on the turn or river.

For example, you have 7s6s on the button in a $1/$2 cash game and raise it to $6. Your opponent calls and the flop is Ac7d3h. Now, you likely have the best hand with a pair of sevens on this board, but if you were to check back, you have no idea whether you still have the best hand on an 8, 9, T, J, Q, or K.

By making a small bet on the flop, you can get hands that have decent amounts of equity, such as JT, to fold, but they’ll still call hands like 54, 65, and 43. This protects your vulnerable hand while denying your opponent equity with two-overcard hands. If you get called, there’s still a chance you have the best hand, but you should proceed cautiously on later streets.