Online Poker Glossary. Poker information on letter E

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Early position
a position when you have to act earlier than other players.

Edge
A name for an advantage over an opponent.

Effective odds
Total amount money you can to win/ total amount of bets you should call in order to continue.

Eight ball
Means $800

Equity
The value of a hand or combination of card.

Even Money
When you hope to win the size of your bet.

Expectation
Average of the profit or loss you expect to make over a number of hands