When you are playing in Olympics, second place winner actually just wins a silver metal but when you are playing no-limit hold’em, the second place actually loses a heck of a lot of money.  Many players who actually cross over from limit to no limit have a very hard time understanding that, but I have to say that you need to learn the rules a little bit before you switch.

When you are playing in no-limit hold’em, you need to make sure that you have the right hand and there are actually six different types of hands which are good.  First, hands that have absolutely no value and you can not even beat a bluff.  Second, hands that actually can beat a bluff – for example, a middle pair hand.  Next, a top pair hand that is on par with a bluff,

Fourth, an overpair and fifth, strong hands which are not quite as nuts as most hands you will get in no-limit hold’em.  Finally, nuts or near-nuts hands, which are completely off the wall.