When betting, it is important to understand pot odds. These are the ratio between the amount of money in the pot and the cost of calling. For example, if the pot contains $100, a call will cost $10. Therefore, you should call if the odds favor you. Otherwise, you should fold. In this example, the odds favor the dealer.
When betting, players must ante an amount varying from game to game. They then bet into the center pot of the table. The player with the best hand wins the pot. Betting is done in clockwise order. After making an initial bet, players can raise it, fold it, or pass. They can also equal their previous bet amount.
In addition to betting, players can also create a special fund called a kitty. This fund is created by cutting a low-denomination chip from each pot where at least one player has raised. This fund is created for all players equally, and it is used to buy new decks and food. These chips are then distributed to players who remain in the game. In some games, this practice is prohibited.
The best high hand wins half of the pot, and the best low hand wins the other half. The low hand must be made up of at least five cards lower than eight. Low hands are ranked from A-to-five. Straights do not count in low hands.