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Old 11-27-2005, 04:19 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 2,193
Default Re: 10% refund question

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So despite all your protest to the contrary, a 10% rebate is a +EV offer.


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And despite all your calculations the only thing I can agree with is that getting 10% of your losses back makes it less -EV but never +EV. After all if you end up losing money on your session you still lost. How can losing ever be +EV without a jackpot?

Jimbo
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