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Texas Hold’em and the Bad Beat Jackpot

Texas Holdem

Texas Hold'emmore commonly known as Hold'em has become the worlds most popular poker game, both in land casinos and online casinos. To play this game every player is dealt two cards, the dealer spreads five cards which can be used by all players to make their best possible five-card hand. Before and after each card(s) is revealed, players take turns to bet. To stay in the hand and see the next card, all players must have put the same amount of chips in the pot as each other and the bestpoker handwins the pot.

The Rules to play Texas Holdem


Texas Holdem

Before you begin playing Hold'em, you should understand the rules. In Hold'em, each player is dealt two private cards (known as hole cards) that belong to them alone. Five community cards are dealt face-up, to form the board. All players in the game use these shared community cards in conjunction with their own hole cards to each make their best possible five-card poker hand. In Hold'em, a player may use any combination of the seven cards available to make the best possible five-card poker hand, using zero, one or two of their private hole cards.

The four major variations of Texas Hold'em



  • Limit Texas Hold'em: There is a pre-determined betting limit on each round of betting.

  • No Limit Texas Hold'em: A player can bet any amount, up to all of their chips.

  • Pot Limit Texas Hold'em: A player can bet any amount, up to the size of the pot.

  • Mixed Texas Hold'em: The game switches between rounds of Limit Texas Hold'em and No Limit Texas Hold'em.


Each of these Hold'em variations are available to play for free or for real money at best poker casinos.

The Blinds in Texas Holdem


Texas Holdem

In Hold'em, a marker called the button or the dealer button indicates which player is the nominal dealer for the current game. Before the game begins, the player immediately clockwise from the button posts the "small blind", the first forced bet. The player immediately clockwise from the small blind posts the "big blind", which is typically twice the size of the small blind, but the blinds can vary depending on the stakes and betting structure being played.

In Limit games, the big blind is the same as the small bet, and the small blind is typically half the size of the big blind but may be larger depending on the stakes. For example, in a $2/$4 Limit game the small blind is $1 and the big blind is $2. In a $15/$30 Limit game, the small blind is $10 and the big blind is $15.

In Pot Limit and No Limit games, the games are referred to by the size of their blinds (for example, a $1/$2 Holdem game has a small blind of $1 and a big blind of $2).

Depending on the exact structure of the game, each player may also be required to post an ante (another type of forced bet, usually smaller than either blind, posted by all players at the table) into the pot.

Now, each player receives his or her two hole cards. Betting action proceeds clockwise around the table, starting with the player under the gun (immediately clockwise from the big blind).

Player Betting Options


BettingOptions

In Hold'em, as with other forms of poker, the available actions are fold, check, bet, call or raise. Exactly which options are available depends on the action taken by the previous players. If nobody has yet made a bet, then a player may either check (decline to bet, but keep their cards) or bet. If a player has bet, then subsequent players can fold, call or raise. To call is to match the amount the previous player has bet. To raise is to not only match the previous bet, but to also increase it.

Pre-Flop- After seeing hole cards, each player now has the option to play hand by calling or raising the big blind. The action begins to the left of the big blind, which is considered a live bet on this round. That player has the option to fold, call or raise. For example, if the big blind was $2, it would cost $2 to call, or at least $4 to raise.Action then proceeds clockwise around the table.

The betting structure varies with different variations of the game. Betting continues on each betting round until all active players (who have not folded) have placed equal bets in the pot.

The Flop- Now, three cards are dealt face-up on the board. This is known as the flop. In Hold'em, the three cards on the flop are community cards, available to all players still in the hand. Betting on the flop begins with the active player immediately clockwise from the button. The betting options are similar to pre-flop, however if nobody has previously bet, players may opt to check, passing the action to the next active player clockwise.

The Turn- When the betting action is completed for the flop round, the turn is dealt face-up on the board. The turn is the fourth community card in Hold'em (and is sometimes also called Fourth Street). Another round of betting ensues, beginning with the active player immediately clockwise from the button.

The River- When betting action is completed for the turn round, the river or Fifth Street is dealt face-up on the board. The river is the fifth and final community card in a Hold'em game. Betting again begins with the active player immediately clockwise from the button, and the same betting rules apply as they do for the flop and turn, as explained above.

The Showdown-If there is more than one remaining player when the final betting round is complete, the last person to bet or raise shows their cards, unless there was no bet on the final round in which case the player immediately clockwise from the button shows their cards first. The player with the best five-card poker hand wins the pot. In the event of identical hands, the pot will be equally divided between the players with the best hands. Hold'em rules state that all suits are equal.

After the pot is awarded, a new hand of Hold'em is ready to be played. The button now moves clockwise to the next player, blinds and antes are once again posted, and new hands are dealt to each player.

Limit, No Limit, Pot Limit and Mixed Texas Hold'em


Texas HoldemPoker

Hold'em rules remain the same for Limit, No Limit and Pot Limit poker games, with a few exceptions:

  • Limit Texas Hold'em:Betting in Limit Hold'em is in pre-determined, structured amounts. Pre-flop and on the flop, all bets and raises are of the same amount as the big blind. On the turn and the river, the size of all bets and raises doubles. In Limit Hold'em, up to four bets are allowed per player during each betting round. This includes a (1) bet, (2) raise, (3) re-raise, and (4) cap (final raise).

  • No Limit Texas Hold'em: The minimum bet in No Limit Hold'em is the same as the size of the big blind, but players can always bet as much more as they want, up to all of their chips.

  • Minimum raise: In No Limit Hold'em, the raise amount must be at least as much as the previous bet or raise in the same round. As an example, if the first player to act bets $5 then the second player must raise a minimum of $5 (total bet of $10).

  • Maximum raise: The size of your stack (your chips on the table). In No Limit Hold'em, there is no cap on the number of raises allowed.

  • Pot Limit Texas Hold'em: The minimum bet in Pot Limit Hold'em is the same as the size of the big blind, but players can always bet up to the size of the pot.

  • Minimum raise: The raise amount must be at least as much as the previous bet or raise in the same round. As an example, if the first player to act bets $5 then the second player must raise a minimum of $5 (total bet of $10).

  • Maximum raise: The size of the pot, which is defined as the total of the active pot plus all bets on the table plus the amount the active player must first call before raising. In Pot Limit Hold'em, there is no cap on the number of raises allowed.

  • Mixed Texas Hold'em: In Mixed Hold'em, the game switches between rounds of Limit Hold'em and No Limit Hold'em. The blinds are typically increased when the game switches from No Limit to Limit, to ensure some consistency in the average pot size in each game. The betting rules on each round follow the rules for that game, as described above.


The Bad Beat Progressive Jackpot in Texas Holdem


Bad Beat Poker

This game is where the jackpot you can win while playing poker Texas Holdem. The Jackpot is built from the rake that is taken at the poker tables. The more players that play the games - the more rake taken and the larger Jackpots. The Jackpot is hit when a player has a very high ranking hand and loses the pot to a player holding even higher ranking hand. Also, the hand must be played in a showdown and players must use both their hole cards to form their respective best hands.

Therefore to qualify for the Bad Beat, a hand of Four 8's or better must lose to a higher-ranking hand that must either be Four of a Kind or a Straight Flush or Royal Flush. Both the winning and losing players must use both of their hole cards to create the highest possible hand. For four of a kind to qualify, the players hand must include a pocket pair.

The rules of the game might vary from casino to casino. As an example at Hollywood casino a $2 maximum amount will be removed from each pot that totals $20 or more including the rake, $1 when the pot reaches $10 and an additional $1 when the pot reaches $20. In order for a hand to be eligible for the Bad Beat Payout, the pot must be at least $10. The hand must go to a showdown (played to the end, where all cards have been dealt and players have completed betting and show their cards to determine the winner) in order for the Jackpot to be awarded.

There must be a minimum of 4 players at the table and only best and second best hands qualify. Players must play their hands independently. If any player, whether directly or indirectly involved in the hand, passes information or instructs another on how to act or reveals their hand to other players, the Jackpot will be disqualified.

A player who removes his or her chips from the game prior to a showdown on a hand where a Jackpot is won forfeits his or her right to any prize money. If a player walks away from the game but leaves chips on the table and he or she was in the hand at the beginning, they will retain their rights to their share of the Jackpot if a Jackpot hand occurs.

In the rare occurrence of a Bad Beat Jackpot being hit on more than one game at the same time, and surveillance at the casino verifies that both hands completed the showdown at the exact same time, which is defined as all remaining players placing their cards face up on the table, the total Jackpot will be divided by the number of Bad Beat winning games and the Jackpot will be distributed on each game according to the percentages set forth in rules of the game.

 

 

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        Updated: May 10, 2017 by Kamal Kaur » TAGS: No Tags