Dead Money

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.

California Card Rooms

State law requires that every owner, lessee or employee of a gambling establishment obtain and, thereafter, maintain a valid state gambling license. The Bureau of Gambling Control Bureau investigates the qualifications of individuals who apply for state gambling licenses to determine whether they are suitable and to ensure that gambling is conducted honestly, competitively and free from criminal and corruptive elements.
Gambling License

An owner of a gambling establishment must apply for and obtain a valid state gambling license from the Bureau and the California Gambling Control Commission. The Bureau's Licensing staff will conduct in-depth background investigations on applicants to determine whether they are suitable to hold a state gambling license. Suitability is determined by a number of factors including but not limited to the applicant's honesty, integrity, general character, reputation, habits, and financial and criminal history.
Additional Tables

The owner of a state-licensed gambling establishment who wishes to operate additional tables on a temporary or permanent basis must submit a request to operate additional tables to the Commission. The number of tables requested cannot exceed the total number of tables authorized under local and state law for the gambling establishment.
Game/Gaming Activity Approval

All controlled games pai-gow, poker, etc. and gaming activities jackpots, bonuses, tournaments, etc. must be approved by the Bureau and must comply with local gaming ordinances prior to their play at a licensed gambling establishment within California.

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