Pot-Limit involves blinds, just as does Limit, and in our Pot-Limit games
you have a choice of $.50/$1 and $1/$2 blinds. However, from here, Limit and
Pot-Limit change dramatically.
In Pot-Limit, any player is allowed (assuming he has enough chips in front
of him at the start of the hand to do so) to raise any amount within a certain
range. This range is defined by the size of the pot at the time it is the
player's turn to act.
The minimum allowable raise is either the size of the previous bet or the
size of the previous raise, depending on whether the last action was a bet
or a raise.
The maximum allowable raise is the size of the pot. Sometimes players in
brick and mortar casinos have difficulty calculating this because of the rule
that allows a player first to call the previous bet and then to bet the size
of the pot, including that call. In on-line games, although you should still
understand how the process works, our system software will calculate the proper
raise range allowed and will not allow a player to make a raise too small
or too large.
To see how the calculation of the raise limit would work, let's assume you
are playing in a game where the blinds are $1-$2. The next player to act can
fold, call the $2, or raise by placing any amount between $4 and $7 in the
pot. If the player bets $4, he has raised the minimum, because the previous
bet was $2, and he is doubling that. If the player bets $7, he is betting
the maximum, because he is first calling the $2 blind bet, creating a total
pot size of $5, and then raising the size of the pot. The $2 call plus the
$5 raise yields the $7 bet.
Let's assume, to continue the example, that the first player to act does
indeed bet the maximum $7. The pot now contains $12. This would mean that
the next player to act could fold, call the $7 bet, or raise by betting an
amount somewhere in the range between $14 and $26. This is the proper range
because the minimum raise is $7 (the size of the previous bet) and the maximum
raise is $19 (calculated by calling the $7 bet and then raising the size of
the now $19 pot).
As you can see, if several players in a row decide to make pot-sized raises,
the size of a pot can escalate rather dramatically. This is why we usually
recommend that beginning players start off by playing limit poker before moving
on to the more difficult (but for many, more fun and challenging) pot-limit
form of poker.
Players may not buy additional chips in the middle of a hand, but can always
(unless they have run into their daily, weekly, or monthly limit) decide to
buy more chips in between hands.
If a player bets more chips than you have in front of you, you are not forced
out of the hand. You are allowed to call for whatever number of chips you
have. If no one else is in the pot, the bettor simply takes back his excess
chips, and the hand is played to conclusion without any additional betting.
If there are other players remaining in the pot, it is possible that a side
pot may be created.
Side Pots
Side pots also happen frequently in limit poker, but because the bets are
larger in Pot-Limit, the situation tends to occur a bit more frequently here.
Let's look at an example involving three players, Andy, Bob, and Chuck. When
the hand starts, Andy has $100 in chips, Bob has $40, and Chuck has $250.
The blinds are $0.50-$1.
In the pre-flop betting, Andy opens the hand for the maximum $3.50, and Bob
and Chuck each call, with everyone else folding. This puts $12 in the main
pot.
After the flop, Andy decides to bet the size of the pot, $12. Bob would like
to make the maximum raise possible, which would entail a bet of $36 (calling
the $12 creates a pot of $24, which would then be the maximum raise), but
he only has $35 left, so he bets that much, creating a pot of $59.
If Chuck also likes his hand, he has two options. The first is simply to
call Bob's $35 bet. If he does this, Andy has three options.
- He could fold, leaving Bob and Chuck to contest a pot in which there could
be no more betting (because Bob is out of chips).
- He could call, creating a total pot of $117 ($59 + $35 + Andy's $23 call).
If Andy chooses to call, Bob is "live" (eligible for) the entire
$117 main pot, but any betting on the turn or river will create a "side
pot" for which only Andy or Chuck will be eligible to win. If either
Andy or Chuck makes a bet on the turn or river that the other is unwilling
to call, the player folding loses all right to contest not merely the side
pot but the main pot as well.
- He could raise. Andy theoretically could wager an amount as large as $129
(the $59 pot plus Chuck's $35 call create a pot of $94; so if he had enough
chips, Andy could call the $35 and then raise the $94), but Andy doesn't
have this much left in front of him, and he cannot buy chips in the middle
of the hand. If Andy wants to raise, he is limited to what he has in front
of him, which in this case is $84.50 (of his starting $100 stack, he already
bet $3.50 before the flop and $12 on the flop).
If Andy does put in this $84.50 bet, Bob has no decision to make. All of
his chips are already in the pot and he cannot be forced out by another bet.
Chuck, however, must decide whether or not to call (he can't raise, because
Andy has no chips with which to call a raise).
If Chuck calls Andy's $84.50 bet (and to do so, he need put only $49.50 in
the pot, because that was all Andy was raising), a side pot of $99 is created,
because $35 of this wager is "allocated" to the main pot that all
three players are contesting. Bob cannot win this $99, even if he has a royal
flush. The $99 side pot is contested only between the two players who put
money into it, Andy and Chuck.
Although we have chosen to show you examples involve large sums, the same
principles apply in smaller pot-limit games. Very experienced pot-limit players
in brick and mortar card rooms learn how to calculate minimum and maximum
bets, as well as side pots, fairly quickly, but fortunately the difficulty
of these calculations is removed online, with our system software imposing
minimum and maximum wagers appropriate to the situation.
NOT A RECOMMENDED GAME FOR BEGINNERS
As you can see from the size of the potential raises, in Pot-Limit all of
your chips can be at risk on any one hand. While this creates the potential
for huge wins, it also creates the potential for large losses. For this reason,
we recommend that novice players start off with limit poker,
and only move into Pot-Limit after they gain a significant amount of experience.
Pot-Limit tournaments are also an excellent place to gain experience in Pot-Limit
without risking huge sums. |