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
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