This video breaks down the concept of Expected Value (EV) in poker, explaining its importance for maximizing long-term profits. Tombos21 covers EV calculation methods, provides examples from various poker scenarios, and introduces advanced concepts like Independent Chip Model (ICM), implied odds, and decomposition.
EV measures long-term value of poker decisions. It's calculated by summing all possible outcomes multiplied by their probabilities. Maximizing EV maximizes profit.
Highlights: Mastering Expected Value in Poker
- Definition and importance of Expected Value (EV) in poker
- Step-by-step EV calculation methods with examples
- Application of EV in different poker scenarios (cash games, tournaments)
- Introduction to Independent Chip Model (ICM) for tournament play
- Explanation of implied odds for drawing hands
- Decomposition technique for understanding hand incentives
- Practical quiz to test understanding of EV concepts
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