The averaged result on any play, but in the long run, not the short run.

(). A reference to what a player or the house can statistically expect to win or lose on a given bet or game - usually expressed in % terms.

The amount you can expect to gain on average for a certain play. It is also the amount you expect to make at the poker table per hour.

If you make a certain play a term referring to the amount of you expect to gain on average;

A players calculated profit or loss at the table, based on the technique used, average wagers places, number of rounds played or time spent

(1) Expectation of gain should you make a certain play type.(2) Expectation of gain for a specific period of time spent at the poker tables.

(1) The amount you expect to gain on average if you make a certain play.

How much the player or casino can expect to win or lose on any given bet or game â€“ a figure based on statistical analysis and expressed in percent.

This can mean one of two things: a) The amount a player expects to win on a game. b) The amount a player expects to win in a given time.

The average amount you make in a specific event or period. Thus, if you have won £7500 in the last 34 tournaments, your expectation is £7500/34 which is £220. Conversly, if you have lost £1500 in the last 34 tournaments, your expectation per tournament is £1500/34 or -£44

The profit or loss you would expect to make on average over a number of hands.

Your typical win rate for a particular game, ignoring variance. That is, how much you expect to win (or lose) per hour or per hand over a specific time period. For example in 100 hours play you have won $437, then your expectation is $4.35/hr.

The amount of you expect to gain on average by making a certain play.

A term referring to the amount of you expect to gain on average if you make a certain play. For instance, suppose you put $10 into a $50 pot to draw at a hand that you will make 25% of the time, and it will win every time you make it. Three out of four times, you do not make your draw, and lose $10 each time for a total of $30. The fourth time, you will make your draw, winning $50. Your total gain over those four average hands is $50-$30 = $20, an average of $5 per hand. Thus calling the $10 has a positive expectation of $5. The amount you expect to make at the poker table in a specific time period. Perhaps in 100 hours play, you have won $527. Then your expectation is $5.27/hr. Of course, you won't make that exact amount each hour (and some hours you will lose), but it's one measure of your anticipated earnings.

A reference to what a player or the house can statistically expect to win or lose on a given bet or game. For example, the house expectation on a pass line bet a craps is 1.4%. This simply means that the house can expect to win 1.4% of all the money bet on the pass line over the long run. Since the only outcomes are win one unit or lose one unit, a 1.4% expectation means winning 50.7% of the time and losing 49.3% of the time. If the same bet were described for the player, it may be stated by saying the player on average gets 98.6% of his money back on the pass line bet (getting 100% back would be breaking even) or it could be stated that the player has a 1.4% negative expectation on that bet.