Expected Value (EV)
Poker Strategy / Tutorials, Texas Hold'em Terminology DictionaryExpected Value (EV) refers to the average number of chips gained or lost when the same decision is repeatedly executed over a long period. EV does not represent the outcome of a single hand, but rather measures the long-term profitability of a decision.
Professional players don't aim to win every hand, but rather to consistently make positive EV (Earnings Per Expectation) decisions to maximize long-term returns.
This article will provide a complete introduction to the definition of Expected Value (EV), its calculation method, its relationship with Equity, Pot Odds, and Fold Equity, its application in GTO, and how professional players can leverage EV to improve long-term profitability.



