How pack EV is actually computed
Expected value, or EV, is a simple idea applied carefully: take every card a pack or box can contain, multiply each one's market price by how often it's actually pulled, and add it all up. That total is what a pack or box is statistically worth in cards, which you can then compare against what it costs to buy. Double Holo runs that calculation for every set it tracks, at both the pack and box level, since a box is not just "buy enough packs and average out," it has its own cost and its own guaranteed rarity slots.
Pull rates are what keep the calculation honest. Some cards in a set are common and show up in nearly every pack, others are rare chase cards that most packs will never contain. Weighting each card's price by its real pull rate, rather than treating every possible pull as equally likely, is what separates an actual expected value from a best-case fantasy number.
Because EV is built from live market prices, it moves with the market. A set can look like a good deal one month and a bad one the next as its chase cards rise or fall in price, even though the pack itself still costs the same and the pull rates haven't changed at all. That's also why EV needs to be recalculated regularly rather than published once: a stale EV number is worse than no number, since it can point you toward a set that already stopped paying off.
Most packs are negative EV most of the time, and that's expected, not a flaw in the math. Card manufacturers and retailers price packs to make money on average, so the odds are built to favor the house over any single pack. A positive-EV window tends to open when a set's chase cards appreciate faster than the pack price does, often once a set has been out long enough for scarcity to set in, or when a set is being sold below its usual retail price. The calculator exists to show you when that window is actually open instead of you guessing from vibes or a single card's price. For a set-by-set breakdown, see our guide to the best Pokemon set to open.
Know the EV before you rip
See expected value per pack and per box for every set Double Holo tracks, calculated from live prices and real pull rates.