Definitions for "Dead Money"
Keywords:  pot, tournament, fold, chance, win
Money that has been put into a pot by poker players who have folded their cards.
Money placed into a pot that does not represent equal bets and calls by active players in the pot. This can be the earlier bets of players who have folded, or money placed in the pot before the deal. By extension, it is used as a derogatory term for money put in play by unskilled players who are legally eligible, but unlikely, to win it back. Can also refer to the player: Let's play that stud game--Joe and Diane are dead money.
When a player pays money to enter a tournament he or she is very unlikely to win. Before Chris Moneymaker won the WSOP he was considered "dead money."
Derogatory term referring to non-professionals.