lol yea bonch that sure told me a lot.

k I see what youre saying.

I am not an EV expert, as I haven't read much of Sklansky's stuff besides TOP.

You expectation is your average expected gain or loss on a wager of the long run. Sklanksy usually uses this in reference to bets.

For example, with one cards to come and you have a flush draw you are confident will win if it hits. If you decide to bet into one opponent, and you have a 20% chance to complete your draw, you bet has a -60c EV. For every dollar you put in the pot, you can only expect to get back 40c from one opponent over the long run. In order for you bet to turn +EV you need more than 4 callers.

But it is all based on the % of time your hand will win (if there is a pot you can add-in the % time the opponenet will fold) just like pot equity.

If your pot equity is 35%, a bet turns +EV with 2 or more callers. With two callers, it is very slightly +EV, + 5c per dollar.

Your expectation is your average expected gain or loss on a wager. <-- Correct
Pot equity is the chance you will win the certain pot. They are related but not identical. Bev understands this, I was just pointing it out to anyone else. I'm not correcting him, I'm adding on. His example is correct.

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“There's no sense in being precise when you don't even know what you're talking about.” - John von Neumann

Who is Bev?

Bev is my aunt who is dumb as a box of rocks.

We were playing Euchre one night (sorry beav, you wont get thsi story) and she was on my right. It usually customary to offer the deck to the player on the dealers right to cut. I stole her deal, and she said "hey whos deal is it?" So I sheepishly set the deck down in front of her. She looked at them, and then cut them. I blinked, looked at my partner, whos also blinked, scopped up the deck and started dealing. We got 2 points and won the game.

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Rofl "stealing the deal" and "late discard" is the only advanced strategy that I know of, both are shady yet fun!

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“There's no sense in being precise when you don't even know what you're talking about.” - John von Neumann

Stealing is part of the game, discarding is wrong. In my game, you have to discard BEFORE you pick up the up card.

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Well, both are actaully cheating.

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“There's no sense in being precise when you don't even know what you're talking about.” - John von Neumann