POKER ANTES & BLINDS
ANTES are set amounts that every player must contribute into the pot before the start of each hand. The sum does not count toward any future bet and is a sort of "payment to play" that makes even low-action hands worthwhile. BLINDS are sums, based on the limit of the game. In Texas Hold 'Em, they are paid by two players each hand. The player to the left of the dealer (or the symbolic dealer's button) pays the big blind, and the player to the left pays the small blind.The big blind puts in a sum equal to the small limit ($5 in a $5/$10 game); the small blind puts in half this sum. Unlike antes, blinds do count toward the first round of betting--so, for example, if the pot is not raised pre-flop, the small blind will only have to double his blind to match and call the big blind.
Benjamin Franklin (1706-90)