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Going by probabilities where the expected value is the average of the sums of all possible outcomes in the set, the standard application of EV in poker is for hand analysis, meaning did I make the right decision based on the current pot, cards, and previous play. In this sense we are dealing with constant values and your best estimation of the opponent and ...


EV is a mathematical term that only makes sense on the long run. In probability theory, the expected value of a random variable is intuitively the long-run average value of repetitions of the experiment it represents Thus there's just one value of EV which more or less translate to "the expected total value if we were to repeat this draw an infinite (or in ...

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