Trips Not as Good as A Set
A common error I see rookie (and veteran) players make all the time is over valuing trips on a draw heavy board and especially failing to see the difference in hand strength between trips and a set. The best way will be to show an example.
Hand 1: Flopping Trips
In the big blind you get to see the flop against 3 others with a hand like 
The flop comes 
Here, you flop trips by having 1 of the kind in your hand and the other two on the board. This is not as powerful of a hand as when you flop a set (which is explained below) because it is obvious to all the players that three of a kind is now a possibility so they better be able to beat that if they are to put in a lot of money, right?
And on this flop, it is very draw heavy. While trips are probably the best hand right here, you need to be very careful if a turn card comes in scary and one of your opponents puts in very large bets. You very well are way behind. Now, a hand you hope someone is holding is a hand like 
and the turn is the Jack where they hit their hand but you hit a bigger hand. If, however the turn is a card like 
and there is a lot of action to you, you need to play cautiously. Your hand is probably no longer the best, unless you are in a pretty wild game.
Hand 2: Flopping a Set
A set is when you hold a pocket pair and hit a third on the flop. Suppose you have 
(aka Phil Hellmuths pocket 9’s that he won the WSOP with).
and the flop comes 
In this hand, you’ve flopped a set and the board is less draw heavy than before. Here your hand is the best unless someone is holding two jacks. There are some straight draws, like 
that could come in to beat you, but at least there are not any flush draws or any made straights as of yet. You can get your chips in here happily against all but the rockiest of rocks and still against them most of the time too.
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