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What is Positional advantage in poker?

An advantage coming from "having position" on another player. Firstly, there is the benefit of having more information to base a decision on. The in position (IP) player can observe what the out of position (OOP) player does. Secondly, the IP player can close the action to make the hand proceed to the next street or showdown.
Other terms
Pocket pair Pocket rockets Poker face Polarized Position Post Pot Pot committed Pot odds