Let’s explain all the basic rules with an example of a Texas Hold'Em poker game. The start of the game is called pre-flop. Cards are dealt by the dealer which is designated by the dealer button before the cards are dealt, the first and second player on the left of the button has to play mandatory bets called “the blinds”.
The first player has to place half of the mandatory bet, a small blind. The second player has to place the full bet, “big blind”, 5 and 10 in our example. The dealer button, as well as the blinds, then move clockwise after each game. The game begins with a first round when each player receives two cards, face down. The first act is to the player on the left of the big blind. He has three options: call the big blind, raise or fold cards.
He calls. Remaining players have the same betting options. First two - fold. Dealer and small blind call. We, as the big blind, can now check or raise. We check. Blinds have a positional advantage because they are the last ones to act. They’re able to assume what card combinations other could hold, based on their actions. All bets placed to go to the pot.
The game continues to the next stadium called the flop. Here, three cards, or “the flop” are dealt face up in the middle of the table so that all players can see them. On the flop, our hand is determined by the combination of our two cards and the three cards on the flop.
The biggest positional advantage on the flop belongs to the dealer who’s the last one to act and can extract valuable information from previous actions. The small blind is first to act and has same betting options and checks. We raise 30. The Dealer calls and small blinds fold.
Next is “the turn”. Another community card that all the players see, “the turn”, is dealt. Our hand is determined by the best five-card combination of our two cards and the four community cards. The third betting round follows in the same order as on the flop. We bet another thirty and the other player calls.
At last, community card “the river” is dealt. Players act in the same order as previously and the same betting options. The player with the best five-card combination, from all the cards and the board, wins the pot. In case two or more players have the same winning card combination, they share the pot. After the poker game is over, the dealer button moves to the next player to the left. Small blind and big blind move as well. In the same direction.