EVRefresher

Howmuchyouexpecttowinorloseontheaverageoverthelong
run
Baseduponacertainplaythatyoumakeinapokergame
+EV=AProfitableLongTermPlay
EV=ALosingLongTermPlay

Whyisitimportant?
Wewanttomake+EVplays,akaprofitableplays

Howdoweuseit?
Weusecorrectpokermathematicsatthetabletoenhanceour
likelihoodofmaking+EVplays
WecanusetheEVcalculationoffthetabletoanalyzeourprevious
plays
 EV= [PartA]+[PartB]
PartA:Howoftenyouwinx Howmuchyouwin
PartB:Howoftenyoulosex Howmuchyoulose

ComputingEVIn3SimpleSteps(ExampleHand)
Step1:Determinehowoftenyouwillwinandhowmuchyou
willwin.
80%ofthetimeyouwillwin$500=(.80x500)=+$400
Step2:Determinehowoftenyouwillloseandhowmuchyou
willlose
20%ofthetimeyouwilllose$1000=(.2x1000)=$200
Step3:Addtheamountyouexpecttowinandlosetogether:
$400+($200)=$200+EV
 Preflop youhaveJJandvillain3betsyouallin.
Youestimatethatyouarea59%favoritetowinandwilllose41%of
thetime.Ifyoucallandwin,youwillwin$166.Ifyoucallandlose,
youwilllose$100.WhatistheEVcalculateandamountforthis
play?IsitapositiveornegativeEVplay?

CalculatingourEV
Howmuchwewillwinxpercentagetowin=($166x.59)=+$97.94
Howmuchwewilllosexpercentagetolose=($100x.41)=$41
EV=$97.94+($41)=+$56.94
Thisisa+EVPlay.Eachtimeyoumakethisplay
youcanexpecttowin,onaverage,$56.94.
 ThesesimpleEVcalculationsaregoodforoffthe
tableanalysis
UseEVcalculationstoseeifyoumadealong
term+EVorEVplayafteryouplayedahandand
youknowtheoutcome
Helpsyoudetermineifyoumadealongterm
winningorlosingplayregardlessoftheshort
termoutcome