09-26-2002, 01:04 AM
This generated heated discussion on the Poker table yesterday.
I am on a dice table with $10 on the dont pass. The point is 6. I therefore have a 6 to 5 edge over the house at this point. My friend walks up and offers to buy the bet from me for $11, is my friend making a wise decision? What is his EV? Should I take the money? What is my EV?
I am on a dice table with $10 on the dont pass. The point is 6. I therefore have a 6 to 5 edge over the house at this point. My friend walks up and offers to buy the bet from me for $11, is my friend making a wise decision? What is his EV? Should I take the money? What is my EV?