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# Poker Terms Glossary

On this page, we have listed some of the most common terms used in poker today. We've even included some typical online phrases you will find at good poker sites in 2019 .

Why waste time getting the hang of the lingo when you can brush up on your glossary and start taking down pots even quicker?

### What is Expected Value?

EV is the amount a player expects he will lose or win on a given hand. This figure can be positive (+EV) or negative (-EV) with -EV decisions ones to avoid.

For example, let's say a player puts \$20 into a pot of \$100, and your chance of the hand hitting is 25 percent. 75 percent of the time (or 3 out of four times), the player will lose, meaning he will lose 3x\$20=\$60 in total. On the fourth attempt he makes it, winning his \$100.

The difference here is \$100-\$60=\$40, or a win of \$10 each hand (\$40 divided by 4). Calling the \$20 means his "expectation" is \$10. Therefore, the move is +EV.

Expected value can be worked out quickly using pot odds; money already in the pot compared to the size of the bet needed to make the call. This can then be used to make a correct decision to call or fold.