All 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Word Description
Early Position Position on a round of betting where the player must act before most of the other players at the table. (It's considered the two positions located to the left of the Blinds. )

Edge An advantageous position.

Entry Fee An entry fee is usually payable for all tournaments (unless they are freerolls) these may be as little as a few cents or as large as thousands of dollars. Usage: A Party Poker entry fee may look something like this: No Limit Hold Em $30+$3 The total payable is therefore $33. $30 goes to the prize fund and $3 to the game organiser, in the example, Party Poker.

EP See Early Position

Equity Your "rightful" share of a pot. If the pot contains $80, and you have a 50% chance of winning it, you have $40 equity in the pot. This term is somewhat fanciful since you will either win $80 or $0, but it gives you an idea of how much you can "expect" to win with average luck over a big sample.

Expectation (1) The amount you expect to gain on average if you make a certain play. For instance, suppose you put $10 into a $50 pot to draw at a hand that you will make 25% of the time, and it will win every time you make it. Three out of four times, you do not make your draw, and lose $10 each time for a total of $30. The fourth time, you will make your draw, winning $50. Your total gain over those four average hands is $50-$30 = $20, an average of $5 per hand. Thus calling the $10 has a positive expectation of $5.

Extra Blind A blind put in by a player just entering the game, returning to the game, or otherwise changing his position at the table. See also "blind" and "post."