Poker EV Calculator
Calculate expected value for poker hands and betting decisions
Calculate Expected Value
Winning Scenario
Amount you gain if you win (pot minus your bet)
Losing Scenario
Automatically calculated as 100% - Win Chance
Amount you lose if you lose (your bet amount)
Expected Value Results
Formula: EV = (PW × VW) - (PL × VL)
Calculation: (50% × $100.00) - (50% × $50.00) = +$25.00
EV Interpretation
✅ This is a profitable play. On average, you'll make $25.00 per play over many repetitions.
Your current win rate (50%) is above the break-even point of 33.3%.
Example: Poker Hand Decision
Scenario
Situation: You're holding a flush draw with 9 outs
Pot size: $200 (you'd win $150 after your call)
Your call: $50
Equity: ~36% chance to complete flush by river
EV Calculation
EV = (36% × $150) - (64% × $50)
EV = $54 - $32
EV = +$22 (Positive EV - Good call!)
EV Quick Reference
Positive EV
Profitable long-term play
Negative EV
Losing long-term play
Zero EV
Break-even play
Poker EV Tips
Focus on long-term profitability, not short-term results
Calculate pot odds to determine profitable calls
Consider your equity against opponent's range
Factor in implied odds for drawing hands
Use Kelly Criterion for optimal bet sizing
Understanding Expected Value in Poker
What is Expected Value?
Expected Value (EV) is the average amount of money you can expect to win or lose from a particular play over many repetitions. It's calculated using probabilities and potential outcomes.
EV Formula
EV = (PW × VW) - (PL × VL)
- PW: Probability of winning
- VW: Value gained if you win
- PL: Probability of losing
- VL: Value lost if you lose
Why EV Matters in Poker
- •Helps make mathematically sound decisions
- •Separates luck from skill in decision making
- •Guides optimal betting and calling strategies
- •Essential for bankroll management
Key Concepts
Pot Odds: Ratio of current pot size to the cost of a call
Equity: Your percentage chance of winning the hand
Implied Odds: Potential future winnings factored into EV
Kelly Criterion: Optimal bet sizing based on edge and odds