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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.
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.
Expectation- 1. A term referring to the amount of you expect to gain on average if you make a certain play.
- 2. The amount you expect to make at the poker table in a specific time period.
Exposed Cards- Cards purposely dealt face-up.
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