Explain the fundamentals of the blinds in Texas hold em?
In many card games there is an ante. To play, you have to put in
some money. In Texas Hold 'Em, instead of antes you have blinds...
big blind and small blind. Two players contribute money to the pot
without the beniefit of seeing their cards and deciding whether to
bet on them... thus they are throwing money in "blind"ly. :)
Players take turns putting in this money, one the big blind amount,
and one the small blind amount (half as much). Other players can
choose to play by matching the big blind, or fold and pay nothing.
The small blind has to pay the difference between what they paid,
and what the big blind paid to play (this of course if there are no
initial raises). Blinds are pre-determined in many tournaments, and
they go up after a certain number of rounds, so for instance if the
blinds started out at $200 and $400, then they might go up to $300
and $600, and so on until someone wins the entire tournament