equity

One’s mathematical expected value from the current deal, calculated by multiplying the amount of money in the pot by one’s probability of winning. For example, if the pot currently contains $100, and you estimate that you have a one in four chance of winning it, then your equity in the pot in $25.

expectation, expected value, EV

See expected value. Often used in poker to mean “profitability in the long run”.

exposed card

A card whose face has been deliberately or accidentally revealed to players normally not entitled to that information during the play of the game. Various games have different rules about how to handle this irregularity.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.