The Basics of Poker
Poker is a game of risk and uncertainty. It requires a high level of comfort with risk-taking and the ability to weigh up options before making a decision. This type of thinking is useful in a workplace setting as well, especially when you are faced with difficult decisions.
The game begins with a round of betting, initiated by mandatory bets called blinds placed into the pot by the players to the left of the dealer. Once the players have all placed their bets, they are each dealt 2 cards face down (hidden from other players). These cards are called the player’s hole or pocket cards. Once all players have their hidden cards, another round of betting starts, this time led by the player to the left of the big blind.
After a few rounds of betting, 3 more cards are dealt face up in the center of the table (revealed to all players). These are known as the flop and they are used to build each player’s 5-card hand. Another round of betting then takes place, with players able to raise, call or fold their hands.
After the flop, a fourth card opens on the table, this is called the Turn and it is used to evaluate each player’s strength against their opponents. The final card, the river, is revealed and the winner of the hand is determined based on who has the strongest hand according to poker rules.