# Ev Poker

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Jan 04, 2020 Poker Expected Value (EV) Formula EV, short for expected value, is the most vital mathematical concept in poker. When we say that something is +EV it means the play is expected to be profitable in the longrun. Whereas a play that is -EV is expected to lose us money in the longrun. In Poker Strategy Discussion, EV (Expected Value) refers to the amount that one expects to win based on the mathematical likelihood of that outcome. In other words, EV is the 'Expectation' of a result. For example, if you go all-in preflop for \$100 ten times in a row with AA vs. KK, you expect to win 8 times out of 10. Therefore your EV is +\$800.

Expected Value [EV] Theory

As a rule the better the expected value of your first two cards in Texas Holdem the better the chances of you eventually winning the hand. In other words if you have an EV of 1.00 your bet in this situation will get you much more money more often than not as represented by such a strong expected value. You must note that even hands with an EV greater than 1.0 will lose sometimes. But in the long run you will make money with them. Actually the hands with an EV = 0.00 will break even over time so we suggest that you play the two first cards with a positive expected value as often as you can (depending on the situation). If you are in the dealer position with JJ and three people have gone all in for more chips than you have in total and it is your turn to play then you should fold immediately since there is a good probability that someone has a better hand and even though the EV of JJ in the dealer position is 0.89 you have to know that you are up against some very powerful hands.

In the above example we gave you the expected value of JJ in the dealer position in a ten player game. Below you will note the expected value of hands in a ten player game in the dealer position:

 AA = 2.96 KK = 2.09 AK (suited) = 0.99 AK (not suited) = 0.61 QQ = 1.36 JJ = 0.89 1010 = 0.56 AQ (suited) = 0.64 AQ (not suited) = 0.37 KQ (suited) = 0.42 KQ (not suited) = 0.17

### Ev Poker Chart Video Poker

If you habitually play hands with large negative expected values you should not be surprised that you are losing more than you win. For example here are some seemingly good and bad starting hands in Texas Holdem and their associated negative expected values (in a ten handed game in the dealer position).

 A5 (not suited) = -0.13 A2 (not suited) = -0.14 K2 (suited) = -0.12 J5 (suited) = -0.11 87 (not suited) = -0.08 62 (suited) = -0.1 43 (suited) = -0.11

To show you the difference position makes in expected value please note below the same hands in the big blind position for a ten handed game:

### Ev Pokerus

 A5 (not suited) = -0.3 A2 (not suited) = -0.35 K2 (suited) = -0.22 J5 (suited) = -0.23 87 (not suited) = -0.31 62 (suited) = -0.32 43 (suited) = -0.22

In other words in the big blind an 8 7 off suit is much worse (you will lose much more money over time playing this hand) than in the dealers position. Jeopardy and wheel of fortune.