What position is NOT, Dale, is your bun warming seat assignment in a game. Position refers to your place at the table relative to other players who are active in a particular pot. The early positions in an eight-handed game like Texas Hold'em are the first three players to act on their hands; the middle positions would be the next three, and the late positions are the last two. Late position is the superior position for you, since you have the advantage of knowing what your opponents have done. Unless game rules force you to act first, you always have position over anyone sitting immediately to your right, since you act on your hand after the player to your right takes action, quite likely giving you useful information.

Also, Dale, you will hear announcers on the World Poker Tour confide that a player just made a position bet. What he means is that a player made a wager more on the strength of his position than on the strength of his hand. Many players, myself included, are more liberal about the hands they will play from a late position. For example, a pair of deuces or a suited Ace/deuce as a starter hand in Texas Hold'em would warrant some action in late position. Yet, if I were in early position, and though the hand initially looked appealing, I generally wouldn't play it.

Gambling quote of the week: "Always play the machine nearest the door. No, not because it's programmed to pay out more but because you'll have a fast exit when you lose all your money."
Frank Scoblete, Gambling Author