Expected Value (EV)

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

• 33
• Flat tire
• Table stakes
• Fishhooks
• PokerStars VIP Club
• Flip
• Upswing
• Action Card
• 2 Months, 2 Million
• Dead Button Rule
• Click it back
• Turn into a Bluff
• Repping
• Come Bet
• Table Image
• Triple shootout
• Rakeback Pro
• JJ
• Study
• Cheeseburger Stakes
• UNL
• White
• Poker Brat
• Deuce
• Buy The Button
• RIT
• Felt
• Small blind
• Waitlist
• Winrate
• Burn card
• Outs

Return to Poker Dictionary

Edit This Entry

Do you see an issue with this entry or want to add more to it? If so, submit the form below with corrections or additions to the fields.