What the heck is EV- EV+?

[Toddy]

Sorry to be ignorant to this. I'm fairly new to this MB but I never know what people mean by +EV and -EV? Does it mean favorite or underdog? Is that what it means?

[A_PLUS]

Expected Value.

Basically if you played the hand a particular way a bazillion times, what your average profit/loss would be.

Also used are CEV (tournament chip EV) and $EV (which is the expected dollar value associated with a particular play in a tournament). There is a lot of debate as to the relationship between $EV and CEV.

[Toddy]

[ QUOTE ]
Expected Value.

Basically if you played the hand a particular way a bazillion times, what your average profit/loss would be.

Also used are CEV (tournament chip EV) and $EV (which is the expected dollar value associated with a particular play in a tournament). There is a lot of debate as to the relationship between $EV and CEV.

[/ QUOTE ]

Okay thanks.. Kinda what i figured it was.

[intheflatfield]

Read "Theory of Poker"

I have read a lot of poker books in the last few months and TOP has become my "primary refernece book" I am currently on my 3rd reading. Unforutatley, I just got the paperback and I've already worn it out, so I suggest the hardbound.

Not that I'm shilling for 2+2 or anything..

[Toddy]

[ QUOTE ]
Read "Theory of Poker"

I have read a lot of poker books in the last few months and TOP has become my "primary refernece book" I am currently on my 3rd reading. Unforutatley, I just got the paperback and I've already worn it out, so I suggest the hardbound.

Not that I'm shilling for 2+2 or anything..

[/ QUOTE ]

Haha I bought it. I haven't gotten to it though. I'm finished w/ HOH1 and halfway through HOH2

[intheflatfield]

How Did you like HOH? - I'm considering getting it next..