Re: CV
CV has been used for a long time in blackjack world, and is sometimes known as the "desirablity index". It is proportional to the rate of expected bankroll growth when using fractional Kelly betting. It is mentioned in my July magazine article.
The point of this in poker is that if you are playing games with an 'appropriate' bankroll, then your 'CV' is a good way in theory of comparing different games. This is a refinement of the flawed notion of maximizing EV.
BillC
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