If you are betting for real money (check with local laws), assign the job of bank to someone trusted. The bank then exchanges poker chips for cash to each player. If you are not playing for money, then divvy out an equal number of chips to each player.
Decide amongst yourself who is going to deal first. The dealer shuffles the cards. Also decide the minimum and maximum bets allowed.
From here, before the cards are dealt, you can do one of two things. Have each player put in an ante, which is the minimum bet for the table, or, use the small blind, big blind method. With the latter method, the player to the left of the dealer puts in half as much as the minimum betting amount for the table and the player to the left of that player puts in the minimum betting amount. These players are the small blind and big blind, respectively. When the first round is played and its time for all players to bet, the big blind and small blind players subtract the money they've already put in. So if the big blind put in $5 before the cards were dealt, when the first round of betting comes along he/she can claim that $5 as his bet. If the player wanted to bet $10, then he/she would only have to throw in $5, since he/she already put in $5 before the dealing.
The dealer now deals out two cards to each player, face side down. They are dealt one at a time, that is, the player gets one card, the next player one card, etc.. then a second card for everyone after each player has received their first card. Standard poker dealing.
Players are allowed to look at their own cards, and you should. Once the first two cards are dealt, there is a round of betting.
Each player can bet, check, or fold. Betting begins with the person left of the big blind and continues around the table past the dealer to the big blind who has the "option" to increase (raise) the bet or check. That is, they can bet money on their hand or decide to bet nothing but stay in the game, or quit the round all together.
Now the dealer takes the first card off the top of the deck, and discards it. This serves the same purpose as cutting the deck after shuffling; it prevents cheating.
Now the dealer places the next three cards off the top of the deck in front of him/her, face up. This is called.
There is another round of betting. Players are betting on the total of the two cards they have face down in front of them, and the three cards face up in front of the dealer.
After the round of betting, the dealer discards the card on the top of the deck, to prevent cheating, and then lays 1 more card face up next to the three already in front of him. This is called the turn
Just like before, players are using their own 2 cards, plus the cards in front of the dealer to build their hands. you can only build hands with 5 cards, and you must use the two in your hand. There are now 6 cards altogether; the two in front of the player, and the 4 in front of the dealer. You can only pick 5 to build your hand.
There is a round of betting.
Now the dealer discards the top card, and lays 1 more card face up in front of him. This is the last card the dealer will put out. This is known as the river. These 5 cards are referred to as The Board.
Players build their hands, in their heads, using only 5 of the cards in their hand and on the table, and there is another round of betting.
It is now time for all remaining players to show their hands by turning over their two cards. Players take turns turning their cards over counter clockwise, starting with the player that made the last bet. Since there are 7 cards to each player, but each player can only use 5 of them, each player needs to announce what their hand is.
The player with the highest hand wins the pot, which is the chips that were bet during each round of the game.
After the dealer lays down the first three cards, if you have nothing, fold.
Get some nice poker chips online. Go to your favourite search engine and search for "poker chips" to find online retailers. They feel a lot better than thin plastic chips. Also, if you are playing for money its a good idea so that players cannot slip in some chips they brought from home.
In limit poker, there can only be one bet and three raises during each round of betting. If a player puts in $5, you can raise the bet by putting in $10. Another player (or the original bettor) could then raise the action to $15 if they desired. Finally, yet another player (or yourself) could raise the action to $20. At this point the betting would be "capped" and no more raises would be possible until the next round of betting begins.
Again, for emphasis: FOLD OFTEN. If you've seen a poker game on TV, it seems like they're playing every hand, but that's the magic of television - they just don't show the 'boring' hands where a majority of players fold immediately. Realistically, you should only be playing one hand in four or so. The more players in the game, the more conservatively you should play. Many players will fold immediately (without even seeing the flop) unless they have at least a pair or an ace - initially, that's a pretty good strategy, until you're more comfortable with the game.
In no-limit poker, there can be restrictions on the number of raises possible during each round of betting. Many poker rooms have differing rules on this.
If you are playing online and want to improve your results then get a poker calculator to help quickly work out your odds. There are many available, just search the web with your favorite search engine.
If jokers are allowed, then it is also possible to get Five of a kind, which is better than Straight flush, but worse than Royal flush.
Do not gamble more than you have.
Keep your gambling to a minimum. Don't put actual money on the cards unless you are sure that you do not have or will not develop a gambling problem.
Don't cheat; it'll cost you.
Learning how to manage your bankroll is extremely important in Texas Hold'em and plays a big part in becoming a successful poker player. Bankroll management allows you to survive the ups and downs of the game without going broke. Start your poker session with a specific bankroll and decide how much you are willing to lose. When playing no limit Texas Hold'em, at some point if you think your hand is the best, you might decide to go all in. If you go all in and lose, you will lose all the chips you had on the table. It is recommended in Texas Hold'em to have a bankroll of 10 times the buy in amount for a game.
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This allows you to take chances, as well as factor in periods when you get dealt loosing hands, so you leave the session ahead. For Texas Hold'em tournaments, 20 times the buy in amount is recommended as players generally play a loose game at the start to build up chips. Understanding bankroll management helps you understand the flows of the game and allows you to play perfect strategy.
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