Re: Why Limit?
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The answer is really, "why not limit?" Most fundamentals of poker, like value betting, were built out of the limit poker model. Nearly all the concepts in Theory of Poker are written around limit poker. Limit is the base of most other forms of poker and if you want to improve your overall hand reading in any game, learning all the games is going to benefit you in the long run. Not only will this give you excellent game selection, your strength in NL Hold'em will improve too.
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My understanding is that most early poker games were no limit, table stakes. Of course, that wasn't the case for the old draw games and lowball games in california, but a ton of games on the texas circuit were no limit or pot limit, and most of european poker is pot limit or no limit also.
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