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.
Created by JKDS on 22 Jul, 2009 Check out our 641 poker articles for free poker strategy and information!
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