Thanks. I’m clear on the P3 raising to 250 only if it is an all-in situation.
Regarding the three options when the action is on a player...I am hearing this.
If player X calls W’s bet and the next player Y raises, and it comes back around to player X to decide on Y’s raise, X would be able to re-raise even though he previously called on W’s bet.
Yes. Your previous action has no bearing what you can do for next action. There is no cap on betting and raising in No Limit.
There are exceptions for when the raise is not a complete raise though.
Playing 4 handed
Blinds are 25/50
P1 raises to 200
P2 calls
P3 raises all in to 250
Action on P4
P4 can fold, call 250, or raise. If P4 just calls, then P1 and P2 can't raise. And the reason is the raise by P3 was not a full raise. P1 raised 150 (from 50 to 200), so the minimum raises is another 150, or a total bet of 350. But since P1 and P2 already made actions on the 200, they are no longer entitled to raise the 250 all in from P3 since it's not a full raise and thus does not reopen the raise action to P1 and P2. However, since P4 had not acted yet, P4 does have the option to raise still.
In LIMIT poker however, there usually is a cap on bets/raises in multiway pots. The cap is usually 4 or 5 bets (ie a bet and 3 or 4 raises). But this cap only applies in multiway pots. Heads up there is no cap on the number of raises, but the cap on the size of the raises still exists (since it's limit poker).
Also the rule on what is a full raise in limit is different than it is in no limit. So if a player is all in for less that a full raise in limit, as long as the raise is at least half a full raise, it can be raised again even by those that have completed action. Unlike my example about for no limit where it has to be full raise.