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Expected Value

Started by BetJack, June 09, 2016, 08:31:13 AM

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BetJack

Expected Value
In The Long run this play is Expected to net me X amount of money
EV=(%W*$W)-(%L*$L)

EV=(%Wins*$Win money)-(%Loss*$Lose money)

In roulette
-0.06=(47*1unit)-(%53*1unit)

Can This Ever be Changed?