Texas Hold'em
From High Roller Guides
Texas hold 'em (also hold'em, holdem) is the most popular poker variant played in casinos in the United States. Hold 'em is a community card poker game; meaning that some of cards are available to be used by all players (in contrast to games like stud poker or draw poker). Texas hold 'em is generally played with 2 to 10 players. It is the subject of a wide variety of strategy books, which provide recommendations for proper play. Because each player only starts with two cards, and the remaining cards are shared, it presents an opportune game for strategic analysis. Hold 'em is regarded as a highly positional game, since the order of betting is fixed throughout all betting rounds. Because of the shared community cards, kickers are often used to determine the winner, more so than in other poker variants.
After slow but steady gains in popularity throughout the 20th century, Hold 'em's popularity surged in the 2000's due to exposure on television, on the internet, and in popular literature. The no-limit betting form is used in the widely televised main event of the World Series of Poker (WSOP) and the World Poker Tour. Although hold 'em is commonly played outside of the United States, in many countries Omaha or seven card stud are more popular.
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[edit] Rules
- The descriptions below assume a familiarity with the general game play of poker, and with poker hands. For a general introduction to these topics, see poker, poker hands, poker probability, and poker jargon.
[edit] Objective
Like most variants of poker, the objective of Texas hold 'em is to win pots, where a pot is the sum of the money bet by oneself and other players in a hand. A pot is won either at the showdown (when the remaining players compare their hands) by forming the best five card poker hand out of the seven cards available, or by betting to cause other players to fold and abandon their claim to the pot.
The objective of winning players is not winning individual pots, but rather making mathematically correct decisions. By making such decisions, winning poker players maximize their expected utility and win more money than they lose in the long run.
[edit] Betting structures
- See the article on betting for a detailed explanation of betting in these variations of hold 'em.
Hold 'em is normally played using small and big blind bets. Antes may be used in addition to blinds, particularly in later stages of tournament play. A dealer button is used to represent the player in the dealer position; the dealer button rotates clockwise after each hand, changing the position of the dealer and blinds. The small blind is posted by the player to the left of the dealer and is usually equal to half of the big blind. The big blind, posted by the player to the left of the small blind, is equal to the minimum bet. In tournament poker, the blind/ante structure periodically increases as the tournament progresses. (In some cases, the small blind is some other fraction of a small bet, e.g. $10 is a common small blind when the big blind is $15. The double-blind structure described above is relatively recent; until the 1980s, a single-blind structure was most common.)
When only two players remain, special 'head-to-head' or 'heads up' rules are enforced and the blinds are posted differently than expected. In this case, the dealer posts the small blind, while his/her opponent places the big blind. The dealer is always dealt the last card, as normal, but acts first before the flop. After the flop, the dealer acts last for the remainder of the hand.
The three most common variations of hold 'em are Fixed limit hold 'em, no-limit hold 'em and pot-limit hold 'em. Limit hold 'em has historically been the most popular form of hold 'em found in casino live action games in the United States. In limit hold 'em, bets and raises during the first two rounds of betting (pre-flop and flop) must be equal to the big blind; this amount is called the small bet. In the next two rounds of betting (turn and river), bets and raises must be equal to twice the big blind; this amount is called the big bet. No-limit hold 'em is the form most commonly found in televised tournament poker and is the game played in the main event of the World Series of Poker. In no-limit hold 'em, players may bet or raise any amount over the minimum raise up to all of the chips the player has at the table (called an all-in bet). In pot-limit hold 'em, the maximum raise is the current size of the pot.
Most casinos that offer hold 'em also allow the player to the left of the big blind to post an optional live straddle, usually double the amount of the big blind, which then acts as the big blind. No-limit games may also allow multiple re-straddles, in any amount that would be a legal raise.
[edit] Play of the hand
Play begins with each player being dealt two cards face down. These cards are the player's hole or pocket cards. These are the only cards each player will receive individually, and they will only (possibly) be revealed at the showdown, making Texas hold 'em a closed poker game.
The hand begins with a "pre-flop" betting round, beginning with the player to the left of the big blind (or the player to the left of the dealer, if no blinds are used) and continuing clockwise. A round of betting continues until every player has either folded, put in all of their chips, or matched the amount put in by all other active players. See betting for a detailed account. Note that the blinds are considered "live" in the pre-flop betting round, meaning that they contribute to the amount that the blind player must contribute.
After the pre-flop betting round, assuming there remain at least two players taking part in the hand, the dealer deals a flop, three face-up community cards. The flop is followed by a second betting round. This and all subsequent betting rounds begin with the player to the dealer's left and continue clockwise.
After the flop betting round ends a single community card (called the turn or fourth street) is dealt, followed by a third betting round. A final single community card (called the river or fifth street) is then dealt, followed by a fourth betting round and the showdown, if necessary.
[edit] The showdown
If a player bets and all other players fold, then the remaining player is awarded the pot and is not required to show his hole cards. If two or more players remain after the final betting round, a showdown occurs. On the showdown, each player plays the best five-card hand he can make from the seven cards comprising his two hole cards and the board (the five community cards). A player may use both of his own two hole cards, only one, or none at all, to form his final five-card hand. If the five community cards form the player's best hand, then the player is said to be playing the board and can only hope to split the pot, since each other player can also use the same five cards to construct the same hand.
If the best hand is shared by more than one player, then the pot is split equally among them, with any extra chips going to the first players after the button in clockwise order. It is common for players to have closely-valued, but not identically ranked hands. Nevertheless, one must be careful in determining the best hand; if the hand involves fewer than five cards, (such as two pair or three of a kind), then kickers are used to settle ties (see the second example below). Note that the card's numerical rank is of sole importance; suit values are irrelevant in Hold'em.
The best possible hand given the five community cards is referred to as the nuts. For example, on a board such as 2-3-7-8-Q, with no more than two cards of any one suit, the nuts is three queens. With those community cards, a player holding two queens could not be beaten at the showdown by any player. Alternatively, with the hand as 2-4-7-8-Q, the nuts would be a straight, or hole cards of 5-6.
[edit] Examples
[edit] Sample showdown
Here's a sample showdown:
| Board 4♣ K♠ 4♥ 8♠ 7♠ | |||
|---|---|---|---|
| A♣ 4♦ | A♠ 9♠ | K♥ K♦ | 5♦ 6♦ |
Each player plays the best 5-card hand they can make with the seven cards available. They have
| Bob | 4♣ 4♥ 4♦ A♣ K♠ | Three fours, with an ace-king kicker |
| Carol | A♠ K♠ 9♠ 8♠ 7♠ | Ace-high flush |
| Ted | K♠ K♥ K♦ 4♣ 4♥ | Full house, kings full of fours |
| Alice | 8♠ 7♠ 6♦ 5♦ 4♥ | 8-high straight |
In this case, Ted's full house is the best hand, with Carol in 2nd, Alice in 3rd and Bob last.
[edit] Sample hand
Here's a sample deal involving our four players. The players' individual hands will not be revealed until the showdown, to give a better sense of what happens during play:
Compulsory bets: Alice is the dealer. Bob, to Alice's left, posts a small blind of $1, and Carol posts a big blind of $2.
Pre-flop: Alice deals two hole cards face down to each player, beginning with Bob and ending with herself. Ted must act first because he is the first player after the big blind. He cannot check, since the $2 big blind plays as a bet, so he folds. Alice calls the $2. Bob adds an additional $1 to his $1 small blind to call the $2 total. Carol's blind is "live" (see blind), so she has the option to raise here, but she checks instead, ending the first betting round. The pot now contains $6, $2 from each of three players.
Flop: Alice now deals the flop of three face-up community cards, 9♣ K♣ 3♥. On this round, as on all subsequent rounds, the player on the dealer's left begins the betting. In this case it is Bob who checks. Carol opens for $2, Ted has already folded and Alice raises another $2 (puts in $4, $2 to match Carol and $2 to raise), making the total bet now facing Bob $4. He calls (puts in $4, $2 to match Carol's initial bet and $2 to match Alice's raise). Carol calls as well, putting in her $2. The pot now contains $18, $6 from the last round and $12 from three players this round.
Turn: Alice now deals the turn card face up. It is the 5♠. Bob checks, Carol checks, and Alice checks; the turn has been checked around. The pot still contains $18.
River: Alice deals the final river card, the 9♦, making the final board 9♣ K♣ 3♥ 5♠ 9♦. Bob bets $4, Carol calls, and Alice folds (Alice's holding was A♣ 7♣; she was hoping the river card would be a club to make her hand a flush).
Showdown: Bob shows his hand of Q♠ 9♥, so the best five-card hand he can make is 9♣ 9♦ 9♥ K♣ Q♠, for three nines, with a king-queen kicker. Carol shows her cards of K♠ J♥, making her final hand K♣ K♠ 9♣ 9♦ J♥ for two pair, kings and nines, with a jack kicker. Bob wins the showdown and the $26 pot.
[edit] Kickers and ties
Because of the presence of community cards in Texas hold 'em, different players' hands can often run very close in value. As a result, it is not uncommon for kickers to be used to determine the winning hand and also for two hands to tie. A kicker is a card which is part of the five card poker hand, but is not used in determining a hand's rank. For instance, in the hand A-A-A-K-Q, the king and queen are kickers.
The following situation illustrates the importance of breaking ties with kickers and card ranks, as well as the use of the five-card rule. After the turn, the board and players' hole cards are as follows.
| Board (after the turn) 8♠ Q♣ 8♥ 4♣ | |
|---|---|
| K♥ Q♠ | Q♥ 10♦ |
At the moment, Bob is in the lead with a hand of Q♠ Q♣ 8♠ 8♥ K♥, making two pair, queens and eights, with a king kicker. This beats Carol's hand of Q♥ Q♣ 8♠ 8♥ 10♦ by virtue of his king kicker.
Suppose the final card was the A♠, making the final board 8♠ Q♣ 8♥ 4♣ A♠. Bob and Carol still each have two pair (Queens and eights), but both of them are now entitled to play the final ace as their fifth card, making their hands both two pair, queens and eights, with an ace kicker. Bob's king no longer plays, because the ace on the board plays as the fifth card in both hands, and a hand is only composed of five cards. They therefore tie and split the pot.
[edit] Strategy
| A | K | Q | J | T | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 1 | 1 | 2 | 2 | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| K | 2 | 1 | 2 | 3 | 4 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Q | 3 | 4 | 1 | 3 | 4 | 5 | 7 | ||||||
| J | 4 | 5 | 5 | 1 | 3 | 4 | 6 | 8 | |||||
| T | 6 | 6 | 6 | 5 | 2 | 4 | 5 | 7 | |||||
| 9 | 8 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 8 | ||||
| 8 | 8 | 8 | 7 | 4 | 5 | 6 | 8 | ||||||
| 7 | 8 | 5 | 5 | 6 | 8 | ||||||||
| 6 | 8 | 6 | 5 | 7 | |||||||||
| 5 | 8 | 6 | 6 | 7 | |||||||||
| 4 | 8 | 7 | 7 | 8 | |||||||||
| 3 | 7 | 8 | |||||||||||
| 2 | 7 |
Most poker authors recommend a tight, aggressive approach to playing Texas hold 'em. This strategy involves playing relatively few hands (tight), but betting and raising often with those that one does play (aggressive). Although this strategy is often recommended, some professional players successfully employ other strategies as well. In his book "Super/System", Doyle Brunson described his style of play as slightly looser than the usual pro. Ultimately, Brunson stressed aggression as being the basis of proper hold 'em strategy.
Almost all authors agree that position is an important element of Texas hold 'em strategy, particularly in no-limit hold'em. Players who act later have more information than players who act earlier. As a result, players typically play fewer hands from early positions than later positions.
One attempt to develop a quantitative model of the game as an isolated complex system has had some success, although the full consequences for optimal strategies remain to be explored.
[edit] Starting hands
While most poker authors focus on playing primarily premium starting hands, some authors claim that the importance of starting hands is overstated. Because there are only two cards dealt to each player, it is easy to characterize all of the starting hands. There are (52 × 51) ÷ 2 = 1,326 distinct possible combinations of two hole cards from a standard 52-card deck. Because no suit is more powerful than another, many of these can be equated for the analysis of starting-hand strategy. For example, although J♥ J♣ and J♦ J♠ are distinct combinations of hole cards, they are indistinguishable as starting hands.
Viewed this way there are only 169 different hole-card combinations. Thirteen of those hands would be pairs, from 2 through ace. There are 78 ways to have two cards of dissimilar rank (12 possible hands containing an ace, 11 possible hands containing a king and no ace, 10 possible hands containing a queen and no ace or king, etc.). Hole cards can both be used in a flush if they are suited, but pairs are never suited, so there would be 13 possible pairs, 78 possible suited non-pairs, and 78 possible unsuited non-pairs, for a total of 169 possible hands. Suited starting cards are usually considered stronger than unsuited hands, although the magnitude of this strength in different games is debated.
Because of this limited number of starting hands, most strategy guides involve a detailed discussion of each of these 169 starting hands. This separates hold 'em from other poker games where the number of starting card combinations forces strategy guides to group hands into broad categories.
[edit] Cash games
The no-limit and fixed-limit versions of hold 'em are strategically very different. Doyle Brunson claims that "the games are so different that there are not many players who rank with the best in both types of hold 'em. Many no-limit players have difficulty gearing down for limit, while limit players often lack the courage and 'feel' necessary to excel at no-limit." Because the size of bets are restricted in limit games, the ability to bluff is somewhat curtailed. Since one is not (usually) risking all of one's chips in limit poker, players are sometimes advised to take more chances.
Lower stakes limit games also exhibit different properties than higher stakes games. Small stakes games often involve more players in each hand and can vary from extremely passive (little raising and betting) to extremely aggressive (many raises). The difference of small stakes games have resulted in several books dedicated to only those games.
[edit] Tournaments
Texas hold 'em is often commonly associated with poker tournaments largely because it is played as the main event in many of the famous tournaments, including the World Series of Poker's Main Event. A vast majority of poker tournaments play No-limit Texas hold'em. Traditionally, a poker tournament is played with chips that represent a player's stake in the tournament. Standard play allows all entrants to "buy-in" a fixed amount and all players begin with an equal value of chips. Play proceeds until one player has accumulated all the chips in play. The money pool from the players' "buy-ins" is redistributed to the players in relation to the place they finished in the tournament. Usually only a small percentage of the players receive any money, with the majority receiving nothing. As a result the strategy in poker tournaments can be very different from a cash game.
Proper strategy in tournaments can vary widely depending in the amount of chips one has, the stage of the tournament, the amount of chips others have, and the playing styles of one's opponents. Although some authors still recommend a tight playing style, some poker authors recommend looser play (playing more hands) in tournaments than one would otherwise play in cash games. This is because the blinds and antes increase very rapidly towards the end of the tournament, forcing players to play hands that they would not normally play when the blinds were small. This creates more aggressive and loose play.
[edit] History
Robstown, Texas is recognized as the birthplace of Texas hold 'em by the Texas State Legislature. The game was later introduced to Europe by bookmakers Terry Rogers and Liam Flood.
In 1967, Texas hold 'em was first played at the Golden Nugget Casino in Downtown Las Vegas. For several years this was the only casino in Las Vegas to offer the game. At that time, the Golden Nugget's poker room was "truly a 'sawdust joint,' with... oiled sawdust covering the floors. Because of its location and decor, this poker room did not receive many rich drop in clients. As a result, professional players sought a more prominent location. In 1969, the Las Vegas professionals were invited to play Texas hold 'em at the entrance of the Dunes Casino on the Las Vegas Strip. This prominent location, and the relative inexperience of poker players with Texas hold 'em, resulted in a very remunerative game for professional players.
After a disappointing attempt to establish a "Gambling Fraternity Convention", Tom Moore added the first ever poker tournament to the Second Annual Gambling Fraternity Convention held in 1969. This tournament featured several games including Texas hold 'em. In 1970 [Benny and Jack Binion acquired the rights to this convention, renamed it the World Series of Poker, and moved it to their casino Binion's Horseshoe Casino, in Las Vegas. After its first year, a journalist, Tom Thackrey, suggested that the main event of this tournament should be no-limit Texas hold 'em. The Binions agreed and ever since no-limit Texas hold 'em has been played as the main event. Interest in the Main Event continued to grow. After receiving only 8 entrants in 1972, the numbers grew to over 100 entrants in 1982, and over 200 in 1991. During this time, Doyle Brunson's revolutionary poker strategy guide, "Super/System" was first published. Despite being self-published and priced at $100 in 1978, the book revolutionized the way poker was played. It was one of the first books to discuss Texas hold 'em, and is today cited as one of the critical books on this game.
In 1983, Al Alvarez published a book detailing an early World Series of Poker event. The first book of its kind, it describes the world of professional poker players and the world series of poker. It has been credited with beginning the genre of poker literature and with bringing Texas hold 'em (and poker generally), for the first time, to a wider audience.
Interest outside of Nevada began to grow in the 1980s as well. Although California had legal card rooms offering draw poker, Texas hold 'em was prohibited under a statute which made illegal the now unknown game "stud-horse". However in 1988, Texas hold 'em was declared legally distinct from "stud-horse" in Tibbetts v. Van De Camp. Almost immediately card rooms across the state offered Texas hold 'em. (It is often presumed that this decision ruled that hold 'em was a skill game, but the distinction between skill and chance has never entered into California jurisprudence regarding poker.)
[edit] The hold 'em explosion
In the first decade of the 21st century, Texas hold 'em experienced a surge in popularity worldwide. Many observers attribute this growth to the synergy of four factors: the invention of online poker, Texas hold 'em in film and on television, television commercials advertising the online cardrooms, and the 2003 World Series of Poker championship victory by online qualifier Chris Moneymaker. Mason Malmuth, a poker publisher, predicts that although the boom has reached its peak in the United States, interest in Europe is continuing to rise.
[edit] Television and film
Prior to becoming widely televised, the movie Rounders (1998), starring Matt Damon and Edward Norton, gave moviegoers a romantic view of poker as a way of life. Texas hold 'em was the main game played during the movie and the no-limit variety was described, following Doyle Brunson, as the "Cadillac of Poker". A clip of the classic showdown between ohnny Chan and Erik Seidel from the World Series of Poker was also incorporated into the film.
Hold 'em first caught the public eye as a spectator sport in the United Kingdom with the Late Night Poker TV show in 1999. The popularity of the show led to lipstick cameras also being used for American poker programs.
Starting in 2003, hold 'em exploded in popularity as a spectator sport in the United States and Canada. This was due to several factors, including the introduction of lipstick cameras that allowed the television audience to see the players' hidden cards. ESPN's coverage of the 2003 World Series of Poker featured the unexpected victory of Internet player Chris Moneymaker, an amateur player who gained admission to the tournament by winning a series of online tournaments. Moneymaker's victory initiated a sudden surge of interest in the WSOP, based on the egalitarian idea that anyone, even a rank novice, can become a world champion.
In 2003, there were 839 entrants in the WSOP Main Event. In 2004, that number tripled. The crowning of the 2204 World Series of Poker champion, Greg "Fossilman" Raymer, a patent attorney from Connecticut, further fueled the popularity of the event among amateur (and particularly internet) players. In the 2005 World Series of Poker main event, an unprecedented 5,619 entrants vied for a first prize of $7,500,000. The winner, Joe Hachem of Australia, was a semi-professional player. This growth continued in 2006, with 8,773 entrants and a first place prize of $12,000,000 (won by Jamie Gold).
Two additional hold 'em series debuted in 2003, the World Poker Tour and Celebrity Poker Showdown. As of 2006, all three of these shows are still currently in production and garner a large and loyal viewership.
[edit] Literature
Twenty years after the publication of Alvarez's groundbreaking book, James McManus published a semi-autobiographical book, Positively Fifth Street, which simultaneously describes the trial surrounding the murder of Ted Binion and McManus' own entry into the 2000 World Series of Poker. McManus, a poker amateur, finished 5th in the No-Limit Texas Hold 'em main event, winning over $200,000. In the book, McManus discusses events surrounding the World Series, the trial of Sandy Murphy and Rick Tabish, poker strategy, and some history of poker and the world series.
Michael Craig's 2005 book The Professor, the Banker, and the Suicide King details a series of high stakes Texas hold 'em one-on-one games between Texas banker Andy Beal and a rotating group of poker professionals. As of 2006, these games were the highest stakes ever played, reaching $100,000–$200,000 fixed limit.
[edit] Online poker
The ability to play cheaply and anonymously online has been credited as a cause of the increase in popularity of Texas hold 'em. Online poker sites both allow people to try out games, and also provide an avenue for entry into large tournaments (like the World Series of Poker) via smaller tournaments known as satellites. Both the 2003 and 2004 winners of the World Series qualified by playing in these tournaments.
Although online poker grew from its inception in 1998 until 2003, Moneymaker's win and the appearance of televisions advertisements in 2003 contributed to a tripling of industry revenues in 2004.
[edit] Similar games
There are several other poker variants which resemble Texas hold 'em. Hold 'em is a member of a class of poker games known as community card games, where some cards are available for use by all the players. There are several other games that use five community cards in addition to some private cards and are thus similar to Texas hold 'em. Royal hold 'em has the same structure as Texas hold 'em, but the deck contains only Aces, Kings, Queens, Jacks, and Tens. Community card poker]] and Omaha hold 'em both vary the number of cards an individual receives before the flop, but are dealt identically afterward. Alternatively, in Double-board hold'em all players receive the same number of private cards, but there are two sets of community cards. The winner is either selected for each individual board with each receiving half of the pot, or the best overall hand takes the entire pot, depending on the rules agreed upon by the players.
Manila is a hold'em variant popular in Australia. In Manila, players receive two private cards from a reduced deck (containing no cards lower than 7). A five card board is dealt, unlike Texas hold 'em, one card at a time; there is a betting round after each card. Manila has several variations of its own, similar to the variants listed above.
