Expected Value in Poker

Any player who is playing poker expects to make money. This is a proof that you have played well and, frankly, it’s always pleasant to feel yourself a winner. But even if you are a very good poker player, you can’t be sure all the time about your victory.

In this game you may lose only because luck has not attended you in one case, especially it refers playing in the short term. There are some really helpful issues you should know. Among these is the concept of expected value (EV), which is really important to understand and learn using it.

All your moves at the poker table can be divided into those with +EV or –EV, whereas +EV is a profitable move, giving you a chance to make money in the long run, and -EV is a bad action, which will make you just lose.

What Is Expected Value?

In the frameworks of poker expected value is the amount of money which you would win or lose on average on your bet.

This means that your priority is to only make bets that demonstrate a positive expectation and to avoid ones with a negative expectation. Playing this way is really provides you with winnings in practice.

It is very important to constantly analyze your chances and to use the e xpected value notion in your play, because the game will have many swings. In the short run, no matter how you play, you are likely to win and lose.

In the long term, the difference between good players and bad players is evident. Bad ones always lose. Only good players can make money in the long run. Playing good poker you are obliged to make only +EV stacks, in contrast to bad players who play with rash neglect.

Do like all good players do: try to find bets with a positive expectation.