Split Pot Primer

Here's some basic poker jargon that we'll be using:
Suit - The suits are spades, hearts, diamonds, and clubs.
Suited - Having the same suit. Sometimes denoted as "s" in books.
Cards Speak - Your hand consists of the best possible five card combination, no matter how you call it.
Rank - Two, Three, Four...Jack, Queen, King, Ace are the ranks of cards.
Split Pot - When multiple players tie for a hand, the pot is split up evenly among the winners.
Kicker - The other card(s) left over after a hand is declared.

What happens when you both have the same hand? With the most common hands, it comes down to a matter of kickers. When hands are the same (like two pair vs two pair), it often just comes down to who has the higher ranked card in the pocket. It is important to know that you only use five-cards though, a sixth or seventh card never determines the winner (click here for more on that). Also note that in holdem, the type of suit a player has is not a tie-breaking factor either. There is no rank of suits. If you still have the same five card hand after evaluating the ranks, the pot is split evenly among all the winning players. The following are examples of split pots in Texas Holdem.

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Player One                                                 Player Two
                                       
These players split the pot with a board of:

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Player One                                                 Player Two
                                       
These players split the pot with a board of:

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Player One                                                 Player Two
                                       

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Player One                                                 Player Two
                                       
These players split the pot with a board of: