In this case, a minimum raise would be 600 chips. The one case where none of these rules apply is if you would go all-in. So, for instance, if you’re facing down a first raise of 200 chips, you want to raise, but you only have 300 chips, then that’s perfectly fine.
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If you're playing No Limit Holdem, the raise size must be double the previous bet / raise - or more. Example, if the previous player bet $5, so you must bet $10 or more. The maximum raise is all your chips (all-in) In Fixed Limit Holdem, the minimum raise is the size of the big blind, but players can only raise up to the size of the pot at the time.
Texas Hold'em No-limit and pot-limit games, without exception. In limit games, when there are three or more players involved and all players have not gone all-in, games with two betting rounds (draw or lowball) will allow a bet, plus four raises. In a game which involves three or more betting rounds, the maximum raises allowed are three.
The trick to calculating a pot-sized re-raise is as follows. Imagine we first call and see what the total pot size would be. In this case, if we smooth call, there would be $36 in the middle (including the $12 already in the pot). The maximum allowed raise is hence an additional $36 for a total re-raise size of $48.
B is first to act and raises 300 on top of the big blind for 500 total. The minimum raise is now 300 on top, or 800 total. Without announcing a raise, SB throws in a 500 chip, putting 600 in front of him. Since the raise amount was less than half of the minimum, the dealer announces that this is a call of 500, and returns 100 back to SB.
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