In poker, dead money is the amount of money in the pot other than the equal amounts bet by active remaining players in that pot. Examples of dead money include money contributed to the pot by players who have folded, a dead blind posted by a player returning to a game after missing blinds, or an odd chip left in the pot from a previous deal. For example, 8 players each ante $1, one player opens for $2, and gets two callers, making the pot total $14. Three players are now in the pot having contributed $3 each, for $9 "live" money; the remaining $5 (representing the antes of the players who folded) is dead money. A game of Texas holdem, the most popular form of poker, in progress. ... The game of poker as played today requires that players agree before play on allowable amounts for betting (called limits), and the use and amount of forced bets. ...

The amount of dead money in a pot affects the pot odds of plays or rules of thumb that are based on the number of players. For example, a common rule of thumb used by many Omaha players is that one should raise with a nut low hand on the last round only if there are four players in the pot, and just call if there are only three. But if there is considerable dead money in the pot, this changes the odds to favor raising even with only three players. Poker players use pot odds to determine the expected value (profitability over the long run) of a play. ... A rule of thumb is an easily learned and easily applied procedure for approximately calculating or recalling some value, or for making some determination. ... Omaha holdem (or Omaha holdem or simply Omaha) is a community card poker game based on Texas hold em. ... In poker, the nut hand, or simply the nuts, is the strongest possible hand in a given situation. ...

The term "dead money" is also used in a derogatory sense to refer to money put in the pot by players who are still legally eligible to win it, but who are unlikely to do so because they are unskilled. This can also be applied to the player himself: Let's invite John every week; he's dead money. The term "dead money" also applies in tournaments, when a player enters who has virtually no chance of winning.

See also

• Poker jargon

also known as FRANK PENPEK !!! The large and growing jargon of poker includes many terms. ...