Procedure
The dealer completes their shuffle, and then sets the cards face-down on the table near the designated player, typically the player to the dealer's right. The player cuts the deck by removing a contiguous range of cards from the deck, and places them toward himself so that the stack of cards to be dealt is closest to the dealer. The simplest form of the cut is done by taking, roughly, the top one-half of the cards, and placing them on the table or a cut card. Either the player cutting or the dealer then completes the cut by placing the remaining bottom portion on top of the cards that have been cut off.
Once the cut is complete, the dealer then picks up the deck, straightens or "squares" it, then deals the cards.
Read more about this topic: Cut (cards)