Expectation (Gambling term)

In gambling, expectation is a term used to describe the average outcome of a game or bet. This is typically expressed as a percentage, and it represents the expected return on a player's wager over the long term. For example, if a game has a 50% expectation, it means that the player can expect to break even over the long term, assuming they are playing with perfect strategy. If the expectation is greater than 50%, the player can expect to make a profit, and if the expectation is less than 50%, the player can expect to lose money. The expectation of a game or bet is determined by the rules of the game and the payouts offered, as well as the player's skill level and the level of competition they are facing.