The average payback of a particular play. Abbreviated “EV;” it is the weighted average result of all possible outcomes of a play. A value of exactly 1 means that, in the long run, you can expect to break even on this play. A value exceeding 1 means that you can expect to be a winner in the long run, and a value less than 1 means an expected loss. EV can not be less than zero, and it rarely exceeds one by more than a very small margin. In video poker texts, EV is generally applied only to the play of a hand after the cards are dealt.
Expected Value
Lawton Barnes
Lawton Barnes owns 14 video poker and slot machines in various states of disrepair. He desperately needs to get a haircut and a real job.
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