Dealer Button - The Button moves from
player to player at the beginning of each hand and identifies
the current dealer position. The player at this location
is considered to be the dealer. After each hand is completed
the dealer button is moved to the next player to the left.
Blinds - In Texas Hold'em, there's no
ante, so the two players to the left of the dealer must
post blind bets. A Blind is a forced bet before you receive
your initial cards and is posted by the players to the
immediate left of the dealer button. This is used to seed
the pot with cash. Everyone at the table takes their turn
playing the blinds. No one is immune.
Small Blind - In our Hold'em game, the
small blind is equal to one half the minimum bet rounded
down to the nearest dollar. (Ex. $5/$10 game, small blind
Big Blind - In our Hold'em game, the
big blind is a bet equal to the minimum bet. (i.e. $5/$10
game, big blind = $5.00)
When you first take a seat at an active table you're required
to post the equivalent of the big blind. You can do this
by waiting until you are in a position to post it. Another
way would be to post it out of position. If you decide
to post out of the big blind position, you must also post
the blind when you are in position if you wish to remain
in the game.
If you were to miss the regular rotation of posting the
blinds, you will be required to post the big blind in
order to re-enter the game. If you were to sit out and
miss three big blinds, you would then be removed from
the table, forfeiting your seat.