Dictionary Entry
Expected Value
In:Casino
Definitions
The dollar amount that the player(s) should win (or lose) if encountering "average luck" that is, in exact accordance with the statistical advantage or disadvantage to the house.
Related Terms & Definitions: Ace, All-In, Audition, Backer, Bankroll, Bankroll House, Bar, Barber Pole, Full Dictionary
Referenced In Articles
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