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View Poll Results: 5 vs 12
Steve Lyons 29 29.29%
Stu Scott 70 70.71%
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  #20  
Old 12-01-2005, 03:15 PM
PrayingMantis PrayingMantis is offline
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Join Date: Nov 2003
Location: 11,600 km from Vegas
Posts: 489
Default Re: WSOP Hachem JJ Hand

[ QUOTE ]
I may not have the bext understanding of -EV and +EV, but I did read a post yesterday that summed up what I was trying to say. It essentially said --

If we bet on a coin toss, and you agreed to pay me $100,000 for each time it came up heads and I paid you $102,000 for each time it came up tails that would be slighting +EV for you. You would happily take the wager as it is +EV for you.

Now, what if I told you we would only flip the coin ONCE? Would you still take the bet?

[/ QUOTE ]

The answer has to do with the size of my bankroll, and the risks I'm willing to take as a gambler, when facing a clear +EV decision.

The answer has absolutely nothing to do with the fact that there will only be "one coin flip" in this _particular_ game.
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