#9
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Re: Party Poker Sidebets
[ QUOTE ]
EV = $8 *(1/8.5) - 1 *(7.5/8.5) = .94 - .88 = -6.25% [/ QUOTE ] EV = $7 *(1/8.5) - 1 *(7.5/8.5) = -5.88% The payout is 8 FOR 1, which means 7 TO 1, not 8 TO 1. Otherwise it would be +EV. |
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