Value ( poker )

1) Getting paid off for a good hand (by someone who calls); often part of the phrase full value. A player in a lowball game who holds a pat bicycle, and busts three other players with it because of the way the action comes down, might say that he got value out of the hand. If he was not prone to understatement, he might even say that he got full value out of the hand.
2) The worth of a hand in comparison with its chances of winning.
3) Value means the return you get on your investment; the expected increase in your equity in the pot (your return), as compared to the size of your bet or raise (your investment).