Cash Games
First, let's look at the No Limit Texas Holdem poker cash game that's become very popular in most online poker rooms like PokerRoom.com and UltimateBet.com
Today, the new game everyone online seems to love is the No Limit Texas Holdem cash game. The game is popping up everywhere and if you're a good single table Texas Holdem poker tournament player, then this could be a good game for you, as well.
In my opinion, the online No Limit Texas Holdem poker cash game is a great one and should be a part of your NL game portfolio. Just remember the money in front of you is your own, and your risk is not as defined as in the single and multi table tournaments. Like investing in a technology stock, the swings can be far greater, but if you're good at extracting the maximum from your opponents, then the returns can be way above average over the long run.
If you're a well rounded Texas Hold'em player then you can bring a lot of creativity to the table, often winning pots by playing the board or just outplaying the player (try and remember to make implied odds a part of your no limit repertoire)...
Lets cut the chit chat, and Just Play Texas Holdem.
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I play a good deal of no limit cash games online, mainly to compliment the single and multi table tournaments I play online but when I play live this is the game I play and have had most of my success with.
The format in a NL cash game is the same as a single or multi table hold'em event. If you're playing a no limit cash game online, there is a maximum that youcan bring to the table usually ranging from $5 to $500, depending on where you play.
Most real casinos are now offering this No Limit Texas Holdem format, where there is a minimum buy-in and you can bet as much as you put in front of you. That my friend can be a very scary game as I have seen and been involved in Hugepots that can go into the several thousands of dollars. Most other cash games come as a defined limit hold'em game. (Rarely can you play a single table shootout live unless you're trying to qualify for a larger multi table event.)
The limit Texas Hold'em cash games range from 5¢- 10¢ limit up to $50-$100 limit at most online sites. It's a different game then no limit Texas Holdem poker most of the time because you are limited to what you can bet. For instance, in a $10-$20 game, the most you can bet pre flop is 10 dollars, the most you can raise anybody is 10 dollars. You are limited to one bet and three raises for each betting round (after the flop the minimum bet goes up to $20).
For this reason, Texas Holdem poker cash games become more of a mathematical game. You often find yourself trying to figure out the pot odds, simply put, whether or not it is worth calling a bet or series of calls based on the chips in the pot.
In most limit Texas Holdem poker games the field is usually thinned down to two or three players when it gets to the river or last card and (if you're a no limit player) then someone seems to always outdraw you. The reason it's hard to get rid of people in a Texas Holdem poker limit game is because you can't distort the pot odds by controlling the size of your bet, as in no limit Texas Holdem poker cash game.
At the same time, you can't lose all the money in front of you in one hand. By betting $20 dollars on the turn or river you are giving your opponents the right price to try and outdraw you if the pot is big enough. That's why some prefer to play no limit Texas Holdem poker cash games because if somebody wants to chase a hand you can really make them pay to do it.
On the flip side, if you know this, know the odds cold and know your opponents, then you can use this to your advantage. I know many players that only play limit hold'em cash games and do very well without having the stress of someone putting you All In every third hand. Limit cash games are more science then art and depending on what kind of player you are, maybe it works for you too.
Like I've said before, Texas Holdem is a situational game, figure out what size and style of game works for you based on your personality, then work at your game and go get'em…
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