Blinds in poker tournaments work in the same way as cash games aside from one key difference. The blinds in poker tournaments increase after set intervals of time. Players must hence maintain an ever increasing chip stack to avoid being knocked out. Antes are often introduced in the later stage of tournaments.
Blinds Are Forced Bets You Make After a Pre-Defined Number of Hands. Modern poker players tend to play Texas hold’em exclusively, and in Texas hold’em, you have 2 forced bets – a small blind and a big blind. And you don’t have to make these bets every hand. Instead, the blinds rotate around the table as the game continues.
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The player in the small blind on your right acts first for the rest of the hand, then you. If he has folded, you're first to act each round until the hand ends. On the next hand, the button moves...
The name comes from the fact that players are being asked to bet without seeing their hands. They are betting blind, with no knowledge of the hand’s worth. So in the casino, whether you hold a 2 and a 3 unsuited, or a pair of aces – before you see your hand it’s all the same. Paul Phua says the blind also marks potential poker strategy.
Blinds are posted before the players look at their cards. Blinds are part of a player's bet, unless the structure of a game or the situation requires part or all of a particular blind to be "dead."
In most forms of poker, such as the most popular one of No-Limit Texas Hold’em, there are forced blind bets that must be put forward by the players to the immediate left of the button before any cards are dealt. These blind bets are called the small blind and the big blind.
With two blinds, the small blind is posted by the player immediately clockwise from the button, and the big blind is posted by the player two positions clockwise from the button. With more than two blinds, the little blind is normally left of the button (not on it).