Re: I suck at math (part 2)
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1. Ok, if I'm playing 10+.50 HU SNG's, and my winrate is 60%, how much profit am I making after 10 SNG's?
2. How much $$$ am I expected to make per SNG?
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60% of the time you win $20. 40% of the time you end up with nothing. Your expectation is then .6($20) + .4($0) = $12. But $10.50 of this was yours in the first place, so your average profit is $1.50/tournament.
Alternately, 60% of the time you will gain $9.50, and 40% of the time you will lose $10.50, so your EV is 0.6($9.50) - .4($10.50) = $5.70 - $4.20 = $1.50.
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