word type: noun
- Virtual monetary units which have no value.
The term play money is used to differentiate itself from real money games where actual dollars (or other currency) is used. The play money games have nothing at stake and if you go bust the poker site usually replenishes your play money account for free.
Where to Play
Play Money games are available on all of the major poker sites including industry leaders PokerStars and Full Tilt Poker. Just go to the ".net" editions of those poker sites and download the software client to jump into the play money games.
Play Money for $$?
If you do some research, there are plenty of reports of players who will trade actual dollars for play money. Typically these transactions involve millions of units of play money for a few dollars of real money.