In a '$1/$2' Texas holdem game, the small blind is $1 and the big blind is $2. First Betting Round: Preflop Two “Hole Cards” are dealt face down and the first round of betting begins. Blinds are bets that only one or two players are forced to make, usually a small blind and a big blind, the small blind at half the big blind. They are bet by the two players after the dealer, and thus rotate around as the dealer rotates. Think of the blinds as antes used to stimulate betting and initiate play. There's one key difference: Unlike stud and draw poker, in which every player must pay the same pre-determined ante before.
The blinds are forced bets posted by players to the left of the dealer button in flop-stylepoker games. The number of blinds is usually two, but it can range from none to three.
A big blind is a mandatory bet used in poker variations that typically don't have antes, such as Texas Hold 'Em. It is paid by the player two seats to the left of the dealer or the dealer button. The player one seat to the left of the button pays a small blind that is usually half the big blind's size. The Texas Hold Em Poker Tournament Blinds will determine the length of time a particular poker tournament takes to complete. In addition, the poker tournament blind structure provides an important strategic consideration for the style of play best suited to the particular poker tournament.
The small blind is placed by the player to the left of the dealer button and the big blind is then posted by the next player to the left. The one exception is when there are only two players (a 'heads-up' game), when the player on the button is the small blind, and the other player is the big blind. (Both the player and the bet may be referred to as big or small blind.)
After the cards are dealt, the player to the left of the big blind is the first to act during the first betting round. If any players call the big blind, the big blind is then given an extra opportunity to raise. This is known as a live blind. If the live blind checks, the betting round then ends.
Generally, the 'big blind' is equal to the minimum bet. The 'small blind' is normally half the big blind. In cases where posting exactly half the big blind is impractical due to the big blind being some odd-valued denomination, the small blind is rounded (usually down) to the nearest practical value. For example, if the big blind in a live table game is $3, then the small blind will usually be $1 or $2 since most casinos do not distribute large quantities of $0.50 poker chips.
The blinds exist because Omaha and Texas hold 'em are frequently played without antes, allowing a player to fold his hand without placing a bet. The blind bets introduce a regular cost to take part in the game, thus inducing a player to enter pots in an attempt to compensate for that expense.
It is possible to play without blinds. The minimum bet is then the lowest denomination chip in play, and tossing only one chip is considered as a call. Anything higher than that is considered a raise. Poker without blinds is usually played with everyone posting an ante to receive cards.
In cash games, otherwise known as ring games, blinds primarily serve to ensure all players are subject to some minimum, ongoing cost for participating in the game. This encourages players to play hands they otherwise might not, thereby increasing the average size of the pots and, by extension, increasing the amount of rake earned by the cardroom hosting the game.
In cash games, the amount of the blinds are normally fixed for each particular table and will not change for the duration of the game. However, many cardrooms will allow blind levels to change in cases where all players unanimously agree to a change. Larger cardrooms will often include tables with different blind levels to give players the option of playing at whatever stakes they are most comfortable with. In online poker, blinds range from as little as one U.S. cent to USD1,000 or more.
The minimum and maximum buy-in at a table is usually set in relation to the big blind. At live games, the minimum buy-in is usually between 20 and 50 big blinds, while the maximum buy-in is usually between 100 and 250 big blinds. Some online cardrooms offer 'short stack' tables where the maximum buy-in is 50 big blinds or less and/or 'deep stack' tables where the minimum buy-in is 100 big blinds or more.
In cash games that do not deal cards to players who are absent from the table at the start of the hand (or, in online games, are designated as 'sitting out'), special rules are necessary to deal with players who miss their blinds.
In such a situation, if a player misses his or her big blind, he or she will not be dealt in again until the button has passed. At that point, if the player wishes to rejoin the game, he or she must 'super-post' - he or she must post both the big and small blinds in order to be dealt cards. Of these, only the big blind is considered 'live' while the small blind is 'dead' - it is placed in the center of the pot apart from the big blind and will not count towards calling any additional bets or raises by other players. If the player has only missed the small blind, then the same procedure applies except that the player only has to post the 'dead' small blind to rejoin the game. Most cardrooms allow players to relieve themselves of these obligations if they wait until they are again due to post the big blind before rejoining the game.
Some cardrooms hosting live cash games do not allow players to miss and/or avoid paying blinds in this manner. In these games, all players with chips on the table are dealt in whether or not they are present at the table. Any blinds due will be posted from the player's stack - depending on the cardroom's rules this will be done either by the dealer, another cardroom employee or a nearby player under staff supervision. Whenever a player has not returned to the table by the time it is his turn to act, his or her hand is automatically folded. Under such rules, if a player wishes to be absent from the table then the only way he or she can avoid paying blinds is to cash out and leave the game altogether.
In poker tournament play, blinds serve a dual purpose. In addition to the purpose explained above, blinds are also used to control how long the tournament will last. Before the tournament begins, the players will agree to a blinds structure, usually set by the tournament organizer. This structure defines how long each round is and how much the blinds increase per round. Typically, they are increased at a smooth rate of between 25% and 50% per round over the previous round. As the blinds increase, players need to increase their chip counts (or 'stacks') to stay in the game. The blinds will eventually consume all of a player's stack if he or she does not play to win more.
Unlike many cash games, it is not possible for a player to 'miss' blinds in a tournament. If a player is absent from the table, he will continue to have his or her cards dealt and mucked and will have blinds and, if applicable, antes taken from his stack as they are due, either until he or she returns or until his or her stack is completely consumed by blinds and antes. A player who loses his or her chips in this manner is said to have been 'blinded off.'
There are two main goals for the blinds structure:
If desired, antes can be added to further increase the pressure to win more chips.
If each player in a tournament starts with 5,000 in chips and after four hours, the big blind is 10,000 (with a small blind of 5,000), it will be very difficult for a player with only 15,000 in chips to stay in the game.
Once the cards are dealt, the betting action starts with the player to the left of the big blind. He may either fold, call (by matching the big blind's initial bet) or raise (by increasing the big blind's bet).
If the pot is unraised by the time the action comes to the small blind, he may complete his blind by making the small blind up to the full bet for that round. If he opts not to complete his blind, his hand is folded. Of course, he may also raise by completing the small blind and adding another full bet for that round. If instead the pot has been raised by the time the action comes to him, the small blind must complete his blind to the full amount of the raise if he wants to remain in the hand.
The last player to make a betting decision on the first round is the big blind. If the pot is unraised when the action arrives he may either check, and remain in the pot for the flop, or raise. However, when he is facing a raise he may not check, he must either fold his hand, call the raise (completing his initial bet to the full amount of the raise), or reraise. If everyone else folds before the flop, including the small blind, then the big blind not only wins his blind bet back, but also collects the small blind's initial bet.
Once the first round of betting is completed, the small blind acts first on every subsequent round. If he is no longer in the hand then the first player still with cards to the left of the button must act first.