Expected Value Flashcards
1
Q
What is expected value?
A
The overall, long-term profit or loss value of s particular play/decision. +EV actions are expected to net money over time, while -EV actions are expected to lose money over time.
What is expected value?
The overall, long-term profit or loss value of s particular play/decision. +EV actions are expected to net money over time, while -EV actions are expected to lose money over time.