Thread: simple ev calculation
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Old 06-24-2007, 10:57 PM
tarheeljks tarheeljks is offline
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Default Re: simple ev calculation
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I just took your expected winnings ($20y) and subtracted what you have to pay to get them. You took the amount you win if you win ($10 in the pot plus $5 supplied by the other player) times the chance of winning (y) plus the amount you "win" if you lose (-$5) times the chance of losing (1-y).

[/ QUOTE ]

my problem with this calculation is that you don't always lose the $5 you that you bet. you lose it (1-y) percent of the time.
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