The big blind is equal to the smaller of the two
betting limits and the small blind is half the big blind. (In a 2/4 game the big
blind is $2 and the small blind is $1.) At times each player at the table may
be required to post an ante in addition to the blinds. This usually is the case
in the later rounds of tournaments and is just another forced bet.
After the blinds are placed, each player receives four cards face down, called
hole cards. Starting with the player to the left of the big blind, each player
may fold, call the big blind or raise. In limit Omaha the raise can only be the
lower limit ($2 in our example) the first two betting rounds and the upper limit
($4 in our example) the last two rounds. In pot-limit, the raise can be any amount
up to the size of the pot, as long as it is twice the previous bet, up to the
total you have in front of you. The size of the pot is determined by adding the
amount in the pot to the amount you would have to call before raising. For example,
if there is $8 in the pot and the last bet was $2, you could raise up to $10 by
placing $12 in the pot. You are calling the $2 bet bringing the total to $10,
and then raising the amount of the pot. Play continues to the left until everyone
has either called all bets or folded.
Three cards are placed face-up in the center of the table. These are community
cards and are called the Flop. The community cards are used by each
player in combination with two of their hole cards to form a five-card hand. The
second round of betting starts at this time with the first person to the left
of the button still in the hand. Each player may either check to the next player,
place a bet, or call or raise if there has been a bet. After this round of betting,
a fourth card, called the Turn is placed in the center of the table,
followed by another betting round. Remember that in this round and the last one
the bets are twice the size of the first two rounds. The final card, or River
is placed in the center and the final round of betting takes place.
Each player then uses two of their hole cards with three of the community cards
to form their best five-card hand. The player with the best hand is awarded the
pot. In the case of two hands that tie for the best hand, each of them is awarded
half of the pot.
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