Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   Internet Gambling (http://archives2.twoplustwo.com/forumdisplay.php?f=26)
-   -   Alert: Party BBJ now +EV through 5/10 level (http://archives2.twoplustwo.com/showthread.php?t=297031)

Karatitis 07-23-2005 05:37 PM

Re: Alert: Party BBJ now +EV through 5/10 level
 
Uglyowk,

Ok, yes I concur that the lottery example is somewhat different.

But, what I was trying to illustrate here is that chasing positive EV in a miniscule probability event can't always be worth "running to your computer" as you put it.

For example, the ring games themselves should be beatable for the player in question. Then - if all that is true, what are the chances that you're gonna hit quads in the same hand that someone else has the st8 flush, etc.

MicroBob 07-23-2005 05:50 PM

Re: Alert: Party BBJ now +EV through 5/10 level
 


[ QUOTE ]
due to the fact that there can be multiple winners, forcing a split pot.

[/ QUOTE ]


right.


I'm not familiar with my lottery-math either.


but if you have a lottery with a 13-mil to 1 chance of hitting....and the lottery stands at $20-mil (for a $1 ticket)....is it still a +EV play if 100-million decide to play it?
I think not. If you are lucky enough to hit there is a good chance that you will be splitting the pot with 1 or 2 other folk.


All times are GMT -4. The time now is 10:36 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.