Poker is a card game in which the players place bets at intervals. At the end of a round, all bets are collected into a central pot. The winner is the player who has the highest card value at the end of the round. In some variations, there are a number of betting rounds, each of which is determined by the number of players.

When more than one player remains, a showdown takes place. Each player reveals their hands, comparing them with the others. The player who has the best five-card combination wins the pot. Poker hands are composed of one card from each player’s hand and four cards from the table. The winning hand is the one with the highest card value.

A high-low hand has a value of eight or lower. The best high hand wins half of the pot, while the lowest hand loses half. A low hand must have five cards below eight in order to qualify. Typically, low hands are calculated according to A-to-5 lowball rankings. However, straights do not count against the low hand.

Players place their money in the pot during betting intervals, which occur during each hand. They attempt to minimize their losses when they have bad hands and maximize their wins when they have a good hand. Depending on the rules of the game, players may be required to place an ante prior to the deal.