Burgers wrote:If all players (except the last player) check, and then last player declares "all-in" without having enough chips for the minimum bet, my understanding is that it does not re-open the betting for the previous players who checked.
Two situations. Preflop can't happen, SB has to call for BB to play. Anywhere else on the table, then these two guys SB or BB have the chance to reraise the next person. E.g Dealer goes all in, Small blind goes over the top. BB folds.
Post Flop. If Last player goes all in. Then other players all have the opportunity to reraise him to isolate. Or to get extra value out of the opponents. for the other players to raise, it is the all in, plus the big blind.
Burgers wrote:In limit poker if the all-in is more than half the minimum bet, it re-opens betting. However I am led to believe that in no limit poker, then a full minimum bet needs to be made (despite the rule that half a minimum bet is a raise) to re-open betting. Is this correct?
Limit and No limit have different betting structures.
No Limit, has the size of the blind, being the minimum bet and no cap. Anything else is an incomplete bet, and can be called by any other player or for other players who have completed the all in bet, they reopen by completing the riase.
Limit structures are different, Lets say blinds are 25/50, betting is capped by the 3rd raise. E.g BB, raise to 100, raise to 150, capped at 200. The blinds apply pre flop and post flop for initial bets. In this case 50.
Turn and river bets are double the big blind. So Capped at 400, 100, r200, r300, c400.
As to the half bet rule. It applies to limit, because, it can create a situation where if a player goes all in for BB+half. And you are against other players it gives you the ability to complete the raise so that you are not missing out on vital dollars going into the pot.
If your opponents are just calling the all in, hoping you will do the same it means they are betting 1.5 trying to save that extra half for future bets.
Limit is a lot more mathematical and saving money through half a bet can be beneficial long term.
Burgers wrote:Also if the other players want to call the all-in, then do they make up the all-in value, or call it with the minimum bet. (for example - big blind is 1000, and someone goes all in for 300. Does a player with people acting after him have to call for 1000). I didn't think so, but I'm not 100% sure.
Always have to call the size of the largest bet on the table.
So in this scenario, if BB is 1000 and UTG goes all in for 300, yes you have to call the 1000, as it is the largest bet out there. However if you push all in for some huge sum, you can easily get the 700 out of the big blind. Which means you can be already ahead in the hand.
Burgers wrote:Cheers.
Cheers,
Brett
Any more explanation, just ask and i will follow it up a bit more indepth.