Poker is a card game that has many variants. Whether played face-up or face-down, it usually starts with a player to the left of the dealer betting. After betting, other players go around the table in a circle, raising or folding if necessary. This process is repeated until all players have made bets.

To understand how the odds work, first determine the total amount of chips. In most cases, there are four types of chips. The lowest-value chip is the white. The red chip is worth five whites. The blue chip is worth ten or twenty-five whites. Then, each player “buys in” by purchasing chips with the same value.

Depending on the stakes, players are permitted to bet a certain number of chips. This limit is called the pot limit. In draw poker, the limit is double the amount of chips the player had before the draw. In stud poker, the maximum amount of chips for a player to bet is fourteen.

The best possible hand in poker is called the “nuts”. It consists of three cards of the same rank and two cards of another suit. This combination is called a “flush”. It’s possible for a flush to contain 5 cards of the same suit, but they can skip around the rank or sequence. A straight hand, on the other hand, has five consecutive cards of the same rank. It can be face-down or face-up. Another popular poker variant is the stud variation, which involves the use of two additional cards.