What is "dead money"

n. 1 (context poker slang English) chip that a player who has since folded has put into the pot. 2 (context poker slang English) Money of weaker players.

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, eight 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. 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.

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, increasing the expected return of other players. 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 many casual players enter events with virtually no chance of winning.

Dead money can refer to:

• Dead money (poker), a poker term
• Dead Money, a downloadable content pack for the game Fallout: New Vegas
• Dead money, a financial term used in stock markets referring to money invested that isn't earning any interest, dividends or capital gains.
• Dead money, (also global savings glut, GSG, cash hoarding, dead cash, glut of excess intended saving, shortfall of investment intentions) is a term that describes a situation in which desired saving exceeds desired investment, that is used by the Organisation for Economic Co-operation and Development (OECD), International Monetary Fund and the media Wall Street Journal, Forbes, Canadian Broadcasting Corporation, for example.