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Quick EV question

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12-21-2004, 08:13 PM

Falker11

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Join Date: Aug 2004

Location: Ithaca NY

Posts: 47

Quick EV question

I just want to know if I did my math correct on this problem. Suppose I have a 25% chance of hitting a winner, and when I hit this winner I get payed 3x my bet. So suppose I am playing $10 bets. I would make 20/4 - 30/4 = -10/4 = $2.50 lost per bet. Is my calculation here correct. If not what did I do wrong?
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