GlossaryOdds and value

EV loss

How much EV your choice gave up compared with the best available action.

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What it means
EV loss is the gap between the best action's EV and the EV of the action you chose. Picking the best action costs nothing; everything else costs something.
How it is calculated
EV loss = EV(best action) − EV(chosen action). The app also shows it as a percentage of the pot, which makes spots with different pot sizes comparable.
Worked example
In the small blind at 10bb with a 0.125bb ante, pushing a hand is worth +1.2bb and folding is worth −0.625bb. Folding loses about 1.8bb. The pot was 1.75bb, so that is about 104% of the pot, a Blunder.
Why it matters
EV loss separates a small slip from a disaster. Folding aces and folding a marginal hand are both 'wrong', but one costs far more, and EV loss says so.

Try it: Poker math

Formula and worked example: EV loss and grades in poker math

Lessons that teach it: How a mistake becomes a grade · lessons other than the free one need an invite

See also: EV, Grade, Accuracy