Fold
Although not specifically a betting action, to fold is to discard one's hand and forfeit any further interest in the hand or the current pot. Also called "drop" or "pass" (the latter term is ambiguous, because it can also mean check). This can be done verbally, or simply signalled by discarding one's hand into the pile of other discards called the muck. In stud poker played in the United States, it is customary to signal folding by turning all of your cards face down. In casinos in the United Kingdom, a player folds by giving his hand as is to the "house" dealer, who will spread the hand's upcards for the other players to see before mucking them.
It is a serious breach of etiquette to fold out of turn, that is, when it is not the folding player's turn to act, because this can harm other players. For example, if there are three players remaining and the first player in turn bets, the third player folding out of turn now would give valuable strategic information to the second player (who is in turn at this point), to the detriment of the bettor. In some games, even folding in turn when you are entitled to check (because there is no bet facing you) is considered an out of turn fold since it gives away information to which players would otherwise not be entitled. Finally, if a player folds out of turn in a stud poker game, the player in turn may demand that his upcards remain exposed until he has completed his turn.
Forced bets
Ante
An ante is a forced bet in which each player places an equal amount of money or chips into the pot before the deal begins. In home games, the amount of the ante is typically small. In games where the acting dealer changes each turn, it is not uncommon for the players to agree that the dealer provides the ante for each player. This simplifies betting, but causes minor inequities if other players come and go or miss their turn to deal.
After the ante, later betting always begins with the player immediately to the dealer's left.
Blinds
A blind or blind bet is a forced bet placed into the pot by one or more players before the deal begins, in a way that simulates bets made during play. This is used frequently in casino and tournament games and is designed to ensure there is betting action on each hand. The most common use of blinds as a betting structure calls for two blinds: the player after the dealer blinds about half of what would be a normal bet, and the next player blinds what would be a whole bet. Sometimes only one blind is used, and sometimes three. In the case of three blinds (usually one quarter, one quarter, and half a normal bet amount), the first blind goes "on the button", that is, is paid by the dealer.
An additional privilege is given to the player who posted the big blind to compensate for the fact that he is forced to bet. If there have been no raises by the time his first turn to bet voluntarily comes, then he is given the right to raise at that point, even though his right-hand opponent's call would normally have closed the betting round under other circumstances. This "extra" right to raise (called a live blind) occurs only once: if his raise is now called by every player, the first betting round closes as usual.
In some fixed limit and spread limit games, the big blind amount is less than the normal betting minimum. Players acting after a sub-minimum blind have to the right to call the blind as it is, even though it is less than the amount they would be required to bet, or they may raise the amount needed to bring the current bet up to the normal minimum, called completing the bet.
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