Poker Dictionary
Friday, June 23, 2017
Browse By Letter
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | View All

Expected Value

  1. Noun

    The average amount of money that a particular wager would win over a long period of time; for a specific wager, the pot equity minus the amount to be wagered.

    ADDITIONAL INFORMATION: A common error made when calculating expected value is neglecting to include the amount of money players in later positions are likely to wager when determining the total amount at stake.

    EXAMPLE: "I estimated that I had a slightly negative expected value, but I decided to semi-bluff and I raised all-in."

    APPLIES TO: Online and Land-based Venues




PokerZone is owned by Casino City, an independent directory and information service not affiliated with any casino. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.