Ultimate Texas Hold'em
A house-banked poker variant where the player and dealer each build the best five-card hand from two hole cards and five community cards, with the player able to bet earlier for a larger raise.
Definition
In Ultimate Texas Hold'em the player posts equal Ante and Blind bets and receives two hole cards. The distinctive feature is the escalating Play bet: the player may raise 3x or 4x the Ante before any community cards are dealt, 2x after the first three community cards (the flop), or 1x after the last two, or fold. After all five community cards are shown, player and dealer make their best five-card hands. If the player wins, the Play and Ante pay even money, the Blind pays on a scale for strong hands, and the dealer must pair or better to 'open' the Ante. Because the biggest raise is only available before any shared cards appear, disciplined early raising is central to correct strategy. The house edge is about 2.2% per ante, or roughly 0.5% measured against total money wagered.
Worked example
You are dealt a pair of kings before any community cards. Correct strategy is to make the maximum 4x raise immediately, because a big pocket pair is strong enough to justify the largest possible bet. If you instead waited, you could only raise 2x or 1x later, reducing your value on a hand you are likely to win.
Why it matters
For learners, UTH shows how the timing of a bet, not just its size, is part of a game's strategy and math. For professionals, its multi-stage raising structure is one of the more complex to explain and to enforce correctly at the table.
Related
Note: The roughly 2.2% per-ante edge (about 0.5% as element of risk) assumes near-optimal play; deviations from correct raising strategy raise the effective cost.