Created by JKDS on July 22, 2009
Definition
Expected value is a risk vs reward analysis that illustrates how much we would expect to gain, on average, per hand, for a particular action.
The EV of a river call for instance, is:
EV = (Size of pot)*(Chance we win) – (Size of the bet)*(Chance we lose)
Example
Folding has an expected value of zero since money invested in the pot is no longer yours to consider.
Other Random Poker Dictionary Entries
- Reload
- Dirty Stack
- Ante on the Button
- Wash
- Unload the Clip
- Hit By The Deck
- Rakeback
- Stat Check-Up
- Sweating A Friend
- Bridge Order
- Block Bet
- WTSD
- 4th street
- Ladies
- Zone System
- Add-on
- Makeup
- Scare Card
- Chase
- Re-Steal
- Microstakes
- Acting out of turn
- Aces cracked
- 3ball
- Stack
- Table stakes
- No Limit Holdem
- Stacking Tables
- S1G
- In the dark
- Whale
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