Expected Value (EV)
The average amount you expect to win or lose on a decision over many repetitions. A positive expected value (+EV) decision earns money in the long run, while a negative expected value (-EV) decision loses money. Every poker decision can be evaluated in terms of EV, making it the ultimate measure of play quality.
Example
You have a 40% chance to win a $200 pot by calling a $50 bet. Your EV is (0.40 × $200) - (0.60 × $50) = $80 - $30 = +$50. This is a profitable call.
Where this matters
Move from definition to decision.
Glossary pages explain the language. Use the links below to see how the term affects room choice, rakeback value, or payment tradeoffs on the commercial side of the site.
Related Terms
See Also
- GTO (Game Theory Optimal)- A mathematically balanced strategy that cannot be exploited by any opponent. GTO play involves using...
- Exploitative Play- A strategy that deliberately deviates from GTO to maximize profit against specific opponent tendenci...