Poker is a card game of chance and risk. It has dozens of variations, and every one of them has its own rules, but the basics are the same: players put in forced bets, called blinds or antes, and then are dealt cards that they keep hidden from their opponents. Then a round of betting takes place, and the player with the best hand wins.

The highest poker hand is a Royal Flush, which includes the A, K, Q, J, and 10 of the same suit. Other high hands include Straight, Three of a Kind, and Pair. Poker is often played with two decks of cards, and a player’s choice to use wild cards can alter the value of a hand.

For beginners, learning how to read the game is crucial. That’s why it’s important to practice and watch experienced players to develop quick instincts. Look for tells such as a player’s eye movements, idiosyncrasies, and betting behavior. For instance, a player who raises frequently may be holding a strong hand.

Just, 54, who co-founded PEAK6 Investments with her husband in 1997 after working as an options trader, also advises newbies to take more risks early on. Even though some of these risks might fail, they’ll help you become more comfortable with taking risky decisions. This, in turn, will boost your confidence and help you build up your financial portfolio.