Basically, there are two major decisions to be made at limit hold'em. The first happens preflop, whether to play your hand or not, and the second decision is to be made on the turn. The flop decision is not that important because most of the time you will just be making or calling a small bet; this is a decision that can be made almost entirely based on pot odds.
The second major decision is on the turn. Assuming you call the turn, you should call the river because it would be a disaster to fold the winning hand on the river. Calling the turn and the river means investing 2 big bets, equivalent to 4 small bets. Assuming the pot is raised preflop and just one bet is made postflop, you would have only invested 3 bets to see the turn. Thus, you can fold at the turn and lose slightly less than half the money you would have lost had you called to a showdown.
The river is not the time to fold your hand. The only exceptions to this are when you missed a draw (such as a small flush draw) or if there is so much betting and raising that you know you are beat.
Added by witchywitchy - article copied from
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But that bottle of rum does sound good... would go well with Sunday brunch matey
