Poker Texas Holdem No Limit

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It used to be that skilled poker players — who mostly played fixed-limit games — needed to learn how to adapt their games to no-limit once the NL hold'em 'boom' hit. Today, however, since most players at the tables now cut their teeth on no-limit, they've got to learn the old form of the game if they're going to become winning limit players.

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Toward that end, with the availability of limit hold'em, H.O.S.E. and H.O.R.S.E. games online, and with casinos spreading limit games especially during major tournaments like the World Series of Poker in Las Vegas, it's useful to understand some key conceptual differences between the two formats.

In this article I'd like to focus on the most significant difference between no-limit and fixed-limit games — implied odds. Then in a follow-up we'll talk further about some of the other most important adjustments players need to make when moving from no-limit to limit.

Pot Odds, Drawing Odds and Implied Odds

In no-limit poker implied odds are hugely important, while in fixed-limit games the significance of implied odds is, well, limited.

For those of you not familiar with the term, a quick primer on 'pot odds,' 'drawing odds' and 'implied odds' is necessary.

'Pot odds' refers to the amount of money you may win when you call a bet compared to the cost of calling that bet. If there's $800 in the pot and your opponent bets $200, to call means paying $200 with a chance at winning $1,000 total — in other words, you're getting 5-to-1 pot odds with your call.

'Drawing odds' refers to the probability that you won't make your hand. If you're drawing to a flush on the river, your drawing odds are the total number of unseen cards that don't help your hand compared to the number of cards that will give you the flush. Specifically, out of the total of 46 unseen cards, the odds are 37-to-9 or a little worse than 4-to-1 against you making your flush.

Finally, 'implied odds' are the pot odds as calculated above but also adding the money you might win on future betting rounds, too. Say you had that flush draw and faced having to call a bet on the turn. You'd calculate your pot odds, but add in the amount you might also win on the river if you hit your flush and bet and your opponent called. In a no-limit game, you could potentially win the size of your opponent's stack on the river (assuming you have him covered). Meanwhile in a limit game, you're only considering the size of another 'big bet' (the higher tier of betting) when thinking about implied odds — e.g., $20 in a $10/$20 limit game.

Without considering implied odds, if you are getting better pot odds than the drawing odds, then you should call. But if you're getting worse drawing odds than pot odds, then you aren't getting a good enough price for your call and you should fold.

If, for example, there was only $200 in the pot and your opponent bet $200 on the turn, then you'd only be getting $400 for your $200 call — that's 2-to-1 pot odds. Since your odds of hitting the flush on the river of worse than 4-to-1, that would be a bad call and you should fold.

But implied odds includes an additional piece of information to consider — the amount you might win on the river as well. Implied odds compares the cost of your bet on the turn with the total amount you might win in the hand, including the river.

So in the example above, with a pot of $200 on the turn, and a bet of $200 from your opponent, you'd have to know how much money you each had left in your stacks to know the implied odds. If you each had another $1,000 behind, and you thought your opponent would call off his entire stack if you bet it on the river after hitting your flush, then your implied odds would not be just 2-to-1, but rather 7-to-1 — the $400 pot on the turn plus the additional $1,000 you expected to win on the river if you hit your flush and your opponent called your stack-sized bet.

It should be added that implied odds are often going to be an estimate and not an exact calculation as with simple pot odds. If you know your opponent will call off his entire stack on the river when you make your flush and go all in, then you can be precise about the implied odds. But sometimes you'll only be able to estimate how much an opponent might pay off in such a spot (e.g., sizing your bet effectively to earn the call, not betting too much and having an opponent fold), which means you can't always be quite as exact with implied odds.

Implied Odds: Limit vs. No-Limit

Since players can potentially commit their entire stacks at any point in a no-limit poker hand, implied odds are especially important. There are implied odds in limit poker, too, of course — but they have less significance thanks to the limits on betting.

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Continuing with the example of your drawing to a flush with one card to come, if the game were $100/$200 limit hold'em, you would factor in the chances that you could win one extra $200 bet on the river. So if the pot were $400 at the start of the turn and your opponent bet $200 (making the pot $600), you'd have immediate pot odds of 3-to-1 for your $200 call. That alone is not enough to justify continuing with your flush draw (which is a little worse than 4-to-1 of hitting).

But if you considered your implied odds, and figured your opponent would call your bet 100 percent of the time if you hit your flush on the river, you could add another $200 to what you stand to win as you decide whether to call that turn bet, giving you pot odds of 4-to-1 — closer to your drawing odds, but still not really making the call worthwhile.

Implied odds aren't just applicable on the turn and river. They are to be considered right from your initial decision to play your two hole cards. In no-limit games especially, implied odds have to be kept in mind as you are potentially 'playing for stacks' in every hand. That's not generally the case in fixed-limit games, which leads to many other strategic differences, including...

• playing more selectively preflop
• knowing when and how to press your advantages (extracting extra bets)
• being selective with postflop play
• making more river calls
• check-raising more frequently

I'll explore all five of these adjustments in more detail in the next article.

Ashley Adams has been playing poker for 50 years and writing about it since 2000. He is the author of hundreds of articles and two books, Winning 7-Card Stud (Kensington 2003) and Winning No-Limit Hold'em (Lighthouse 2012). He is also the host of poker radio show House of Cards. See www.houseofcardsradio.com for broadcast times, stations, and podcasts.

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Free Online Poker Texas Hold'em No Limit

Internet gaming in the U.S. has been legal and has enjoyed ever-widening popularity, since 2002.

Poker is the Grandaddy card game of chance, and United States gaming sites can be so “game-specific” in specialty so as to be excellent for one variation on play Texas Holdem online while being weak on others. Play Texas holdem poker, a variation on the classic game, and you’ll be learning one of the more unique poker variations, with not only community cards but the possibility, when you play texas hold em poker, of play ending several times prior to when it is inevitable. As betting can occur multiple times throughout the hand, it can be very lucrative, and it is quite exciting, so it is common for internet gamers to play Texas holdem poker.

According to the popular online gaming “blog” and advice site, Hold’em, the 3 best online sites for Texas Holdem are Ignition, Bovada, and Intertops. I’ll talk about the particular strengths of each site below.

Ignition…”Know when to fold Em…”

Like some other sites, Ignition will actually teach you the rules to play their options before your first hand. You can play at Ignition in real U.S. money, and they may, as they claim, have the best online gaming software of any site out there.

Ignition roots its online table card games in philosophy which perhaps best, of all sites, facilitates internet recreation of actual, physical table games. As the company expresses this philosophy on their website, “Life is not a destination: It is a journey.”

The pride Ignition takes in its expertise and class shows through at every level, and it is a fantastic site to play Texas hold em online.

Bovada: “Know when to walk away…”

Where some sites write out the rules of the game, (Bovada does this as well, in fairness), Bovada goes a step better by writing out a few crucial tips for how to bet. In the online text which addresses this, Bovada’s rich appreciation of poker lore and milestones comes through loud and clear. Texas Hold ’em runs through Bovada’s blood.

Bovada is under the umbrella of Bodog gaming, which has been an industry leader since 2004. Because of this affiliation, online players have access to the entire player pool of the PaiWangLuo Network.

Bovada is a powerhouse, a potential poker proving grounds, and can be a thrilling place to play Texas poker. (Just be sure you can hear it when the voice in your head tells you to hold Em.)

Intertops: “And, know when to run….”

Intertops has been around a while, and longevity in this business means you are doing things right. Intertops started in 1996. The site specializes in poker and is quite at home hosting Texas Hold Em games.

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Intertops has one special feature which is especially nice: You have one account for any gaming you do at the site. This means that your funds can apply at any game you engage in there, and winnings go to one locale.

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The integrity of Intertops games is steadfastly guaranteed by proprietary gaming software. The software guarantees a fair shake for all players within the limits of all possible outcomes.

• “Great hand…what to do with Em..?”
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The excitement and benefits of internet gaming have made it increasingly “HOT” since its advent in the early nineteen nineties: In 2018, it was a $50,000,000,000.00 enterprise.