Formula
EV per attempt = item value × drop probability
Session EV = attempts × EV per attempt
P(at least one) = 1 − (1 − p)attempts
What the result means
A positive expected net value means the average item value exceeds the attempt cost over many comparable sessions. Actual outcomes remain volatile, especially when the drop rate is low.
Drop attempts are assumed to be independent and to use a constant probability. Pity systems, changing odds, resale fees, and time value are not included unless reflected in your inputs.