Originally Posted by CrushingSouls
So EV is still a new concept to me. What does it mean when you have a session where your EV is negative but you make a profit?
So in my last session I turned a profit of 12.85bb/100 but had EV of -7.34bb/100 over 660 hands.
There was one hand where I made a mistake and it cost me 100bb.
Is EV important to look at or should I just focus on the profit?
This is a very interesting thread.
Similar to yourself, a few nights ago, I won a CC freeroll and yet when I went over my HH I only had one hand where I had +EV and even then it was a very small positive value.
The article linked to by rifflemao (The Fallacy of Expected Value in Tournaments (http://www.wptmag.com/wpt-academy.php?articleID=28)) puts this in context to some extent.
Lake many of the mathematical concepts in poker EV is too complicated, for me at least, to calculate during a game even using an odds
calculator as I have yet to find one that I can operate quickly enough in the time allowed.