[illunious]

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Could you be looking for 'Fold Equity'?

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Thanks, but that's not it.

PS. I want to use this word and it's definition for a sheepshead situation, it would perfectly describe why you want to pick with weaker hands the closer you are to the dealer - position is an added benefit, but you don't pick because of position. You pick (with weaker hands) because the more people that pass in front of you the less likely it is someone has a great hand and the more likely it is that there's good cards in the blind.