In most forms of the game, players place bets with chips. The lowest-value chip is called a “white” chip, while a red chip is worth two, four, or five whites. In most cases, the chips are exchanged during betting intervals. Each player “buys in” to the game by buying a certain number of chips, typically the same amount. When more than one player has a hand, two separate games are arranged.
To avoid rounding problems, some online poker sites require players to convert funds before a transaction can be processed. Others accept a variety of different currencies and convert funds at a much lower rate than banks, ensuring that players get their full deposit. In addition, some sites only accept payments in U.S. dollars. Nevertheless, these differences can add up quickly and become quite annoying. As a player, you must consider these issues and ensure you choose a poker site that offers a variety of payment options.
The amount of chips that a player may be allowed to wager is usually determined by the pot limit. Any bet placed before the draw may only cost a player two chips, whereas a player’s bets after the draw will cost them ten. However, if a player has a pair, they can increase the amount of chips that they are allowed to bet. Moreover, a player who raises their bet may have to pay 14 chips to receive his bet.