First, let's get an understanding of why the button is considered to be best table position. Here are the benefits:

• Most players act before you on the first betting round, allowing you to get a better read on the table situation. In subsequent betting rounds, everyone will play before you do so you get to see all their plays before you act.
• Because you end up going last, you get a sense of how good or how bad player's hands are and you can raise and push people out, or you can fold without investing a dime if you are convinced you're beat.
• It is much easier to see a cheap flop and you can limp in with a weak hand without facing a reraise more often than in early position.
• It's a great spot to bluff and to steal blinds

How to play when you're on the button

Play aggressively! Unlike early positions, you want to play a lot of hands from this position and take bigger risks. You don't need to wait for a great hand. When you sense weakness in your opponents, exploit it. Raise the stakes and apply pressure. Once the blinds have gone up significantly, it because critical to make good aggressive plays and steal the blinds. The button is the best position for this task. When blinds are low, don't bother risking a lot to steal them, it's just not worth it yet. When you're in the button position, you should rarely be folding a hand pre-flop. In fact, you'll usually be calling a raise, or initiating a raise or re-raise.

The second option is to trap by limping in, or trap by acting strong pre-flop when you are in fact strong, but then slowing down on subsequent betting rounds. Opponents know that the button position is a place to be aggressive and they'll often reluctantly call a raise thinking you were just trying to steal the pot. However, if you hit the flap and make a great strong hand, consider slowing down. In doing so, you indicate weakness and make opponents believe that you did in fact try to make a steal with nothing. Time for a simple call, or even a check raise!

There is a third option here, and it's sort of a combination between the first two points above. With a weak hand, start with a raise in an attempt to steal the blinds as you would do in the first scenario described above. If that doesn't pay off, try the check raise move if you want to bluff. It's very risky, but if you can pull it off, you'll earn big pots with any two cards in your hands.

Ultimately, you should find that when you're in late positions (button or blinds), you'll play very frequently and play aggressively. Just remember that you're not invincible and when your read says you're beat and your opponents won't back off now matter how aggressive you are, folding is appropriate. Aggressive doesn't mean you can't fold!

Good luck!