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#1
11-16-2007, 01:17 PM
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Re: Bad Beat Jackpots = Zero Sum?
[ QUOTE ]
I semi-understand your view that BBJ is +EV becuase it is not raked, but how can you consider it +EV when you can not guarentee that *you* will get back every $1 you put in? Even if the state lottery didn't take a rake, the EV would be negative becuase the odds of hitting it are so high you wouldnt win. [/ QUOTE ] I don't think you understand the concept of EV. 
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#2
11-16-2007, 03:23 PM
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Re: Bad Beat Jackpots = Zero Sum?
[ QUOTE ]
[ QUOTE ] I semi-understand your view that BBJ is +EV becuase it is not raked, but how can you consider it +EV when you can not guarentee that *you* will get back every $1 you put in? Even if the state lottery didn't take a rake, the EV would be negative becuase the odds of hitting it are so high you wouldnt win. [/ QUOTE ] I don't think you understand the concept of EV. [/ QUOTE ] I guess your right, I don't.
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