Make the Appropriate Bet in Poker

The other night, I found myself drifting over to my local casino. Roughly a year and a half ago, the riverboat casino decided to open up a poker room and, although it only has five tables, is quite active during its hours of operation. This night was no different, as it took about an hour for me to get seated at my $1/$2 No Limit Hold’em table. After getting settled in, I was dealt one of those hands that you like to speculate with in a cash game, a J-10 of spades. I scanned the table and noticed a raise at the far end of the table. When the action came to me, I asked the dealer, “What’s the raise?” I was quickly stunned when she replied, “$12 to go.” “12,” I yelped as I did a double take and looked at the dealer plate. Yes, it said, “$1/$2 No Limit Hold’em, $200 maximum buy-in.” Needless to say, I reluctantly slid that J-10 towards the dealer and into the muck. I looked over at one of my tablemates and he said, “That’s not uncommon… In fact, the raises can sometimes be even larger,” and my brain went into overdrive as I processed ...

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