Whats the difference between low and highlimit holdem

The concepts that you must understand to win at low-limit hold'em are the same as those for any hold'em game (or any poker game for that matter). However, many of the strategies and ideas presented in other texts are not applicable to low-limit games. This is not because those strategies are wrong, but because they are aimed at higher limit games and tougher opponents.

Why should the correct strategy for a low-limit game be different from a higher limit contest? After all, a $30-$60 game is just a $3-$6 game played with $10 chips. However, in general, the players in a $30-$60 game are stronger than those in a $3-$6 game. They know more about the game, odds, different plays, etc. Furthermore, the higher limit players are generally tighter. Many fewer people will pay to see the flop in a $30-$60 than will in a $3-$6. Therefore, there are some important strategic differences between the two games.

Perhaps the biggest difference between low and high-limit games can be summed up in a single word: mistakes. In a high-limit game, most players will be more experienced. They will make very few fundamental mistakes, and to beat them you will have to make the most of every small edge you get. On the other hand, in low-limit games, your opponents will generally make many fundamental mistakes. They will call when they should fold, check when they should bet, etc. Therefore, you don't need to capitalize on small mistakes. You can wait until you have a big advantage (either you have a very strong hand or your opponent has made a serious mistake) and then take maximum advantage of it. For that reason, your "variance" — the up and down swings in your bankroll — may be less than that of an expert player who plays in a tougher game.

I should note that since publishing the first edition of this book, I have seen many of the "low-limit" game conditions we describe in games as large as $15-$30 and $30-$60. Particularly in the California poker communities, many of the amateur players are quite well-off, and some are very wealthy. Just as a rich businessman might choose to play blackjack for $100 per hand with no concept of basic strategy, some well-to-do amateur poker players play $20-$40 hold'em even though they know very little about the game. Of course, in the $20-$40 game, there will probably be a few players who are very good, but remember: you don't have a take a test to play higher limit games.

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