In my last article I advised you to familiarize yourself with some pineapple open-face Chinese (POFC) odds charts, and try your hand at a basic expected value (EV) calculation or risk/reward ...

A few months ago, I wrote a column about how some players are misapplying expected value calculations. The column focused on a particular play of shoving a wide range of hands when playing heads up ...

Expected value calculates average future investment returns based on outcome probabilities. In finance, expected value guides portfolio construction and when to sell assets with lower future value.

This article is concerned with showing that the dependence of probable success between two reservoirs has far-reaching consequences for the expected value, volatility, and cumulative probability of ...

Whether you’re a novice bettor or a seasoned veteran, you’ve almost certainly heard of positive expected value betting. After all, there are betting influencers and podcast hosts who talk about the ...