Re: For people who think running it twice changes EV
You're assuming the distribution of the 70% equity guy is:
$0 with p_0 = 0.3*0.3
$50 with p_50 = 0.3*0.7 + 0.7*0.3
$100 with p_100 = 0.7*0.7
That is not the case. p_0 and p_100 are less than what you claim; p_50 is greater than what you claim.
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