Poker Dictionary


Expected Value (EV)

Expected Value (EV)

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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