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What is Out Of Position (OOP) in poker?

Describes a player’s relative position at the table, always at least the person who is not last to act postflop. For example, in a 3-way pot postflop between the Small Blind (SB), Cutoff (CO) and Button (BTN), the SB can be said to be "out of position" to both the CO and BTN, while the CO has position on the SB, but is out of position to the BTN.