Yes
I think somebody answered it here, but I want to go a little more in depth. Yes, it is +EV. Not all teh people you play it will will play correctly, so with no house cut, it is +EV if you do play it correctly. You need a gap of 8 cards, and you bet the maximum when that is the case, otherwise pass. The rules about you have to doulbe your bet or do whatever when the cards pair or when some other event happens are useless--they do not affect anything since it is equally likely to happen to each person. It's just variance.
If you kept track of every card and knew that there were 8 spaces but that a bunch of the cards you need were gone, you could also pass, and if there were seven spaces but most of the outside cards were gone, you could bet the max. There might be a more refined system, but I'm too lazy to come up with it. I can't imagine a count system that would predict the events like pairs which I said cost nothing and are only variance, but if you played to the end and knew that the next four cards were all the same, obviously you would pass so you don't get stuck with that.
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