Poker glossary definition of Edge

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Having an edge means having an advantage over another player. For example, a superior hand has an edge over weaker hands. A player with superior skills or position at the table also has an edge.

Edge Odds

The edge odds are a measure for the average edge of a player in one or more games:

Edge Odds = average winnings / average winnings of the biggest winner

A good player has edge odds in the range of .25 to .65.