Splitting Blinds
Splitting blinds is an agreement between the small and big blinds, when nobody else has entered the pot, to take back their blinds and skip the hand. It is also called chopping.
The simple explanation
If everyone folds to the blinds, the two players may agree to take their blind bets back, and not to play the hand. It saves the rake in some rooms.
A closer look
Chopping is allowed in some rooms but not in others. It is often used in games with a high rake, since the rake taken from a tiny pot is large compared with the profit. The rule 'no flop, no drop' makes it less useful. Both players must agree, and the dealer takes care of the chips.
A practical example
Everyone folds to the blinds. The small blind and the big blind agree to chop, and take their bets back.
Full explanation
Splitting blinds is an agreement between the small and big blinds, when nobody else has entered the pot, to take back their blinds and skip the hand. It is also called chopping.
Splitting blinds means taking back the blinds without playing.
Both blinds must agree.
It is used to save rake.
Not all rooms allow it.