Learn Texas Holdem

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Answer: The usual limits one sees in texas holdem are limit holdem, no limit holdem and pot limit holdem (in that order or popularity too, at least in the US -- Europe they play more pot limit and no limit holdem). Typically with limit holdem, you see a stake size included next to the name like 3/6. What that 3/6 means is that for the preflop betting, the wagering -- both bets and raises -- are done in $3 increments.

Then on the turn card and river card wagering rounds, the increment of betting is $6. Most of the cardrooms you go to will have this betting structure for limit holdem. Occasionally you'll find variations though like the ones you mentioned. Variations include spread limit and also the structure you mentioned where it is 1-4-8. In a spread limit game, such as 1-4, a person can bet any amount between $1 and $4 each round. In a 1-4-8 game, you have a $1 bet for preflop and on the flop, then on the turn the bet size is $4, and the river bet size is $8. What this does is create more action preflop since if you do get a hand, you have the potential to win a lot with it since the later betting rounds are so much greater.

Also, this discourages people from chasing as much, since it is so costly. Now, as for the minimum buy-in NLH games, I would suggest that you have a few buy-ins with you. For a 1/2 no limit game, $100 should be more than enough -- I'm surprised that is considered a minimum. But if people do have $300 or $400 on the table, which is likely, I would suggest you have that much in your pocket. You don't need to put it all out at once, just have it there in case you need it.

For NLH games where there is a maximum buy-in, it is pretty common to go through one or two buy-ins and still do well that day; which is why you need a sufficient bankroll. My buddy just told me, laughing, about some guy who he just bumped into that he didn't know played cards. The guy said he normally liked to play 20/40. Then he went on to say that he had $2k with him that day so he was going to play the $40/80. Of course he went bust in 40 minutes ($2k isn't enough for 20/40, let alone 40/80). The point is that you should expect some ups and downs and if you don't have a sufficient bankroll, the downs can take you out completely. Play within your means until you have the bankroll to move up.

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