Texas Hold'em is a popular variant of poker where players are dealt two private cards and use five community cards to make the best possible hand. The game involves multiple betting rounds, allowing players to either bet, check, raise, or fold based on their hand strength and the community cards revealed. The objective in Texas Hold'em is to win chips by either having the best hand at showdown or by convincing other players to fold their hands. The game is known for its strategic depth and psychological elements, making it a favorite in both casual and competitive settings.