See Also: Positive Expectation - Poker(gambling)
Expectation - Poker(gambling)
River Gambling - Poker(gambling)
Expectation - Video Poker(gambling)
Positive Return - Poker(gambling)
gambling(medicine)
gambling(dictionary)
Gambling(law)
gambling(encyclopedia)
expectation(dictionary)

Positive Expectation - Poker (gambling)


The situation in which a particular bet, in the long run, has an overall average profit. A wager can lose more times than it wins and still have a positive expectation; this is because in the long run the amount of money won on the times it wins is greater than the amount lost on the times it loses. Also called positive return.