chicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 20 days agoSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comimagemessage-square66linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1imageSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comchicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 20 days agomessage-square66linkfedilinkfile-text
minus-squarebequirtle@lemmy.worldlinkfedilinkarrow-up0·19 days agoEV is meaningless in any situation where you only get 1 chance. It only becomes relevant if you repeat something enough for the law of averages to work out
minus-squareAwesomeLowlander@sh.itjust.workslinkfedilinkarrow-up0·19 days agoDo you take a guaranteed $1 or 50% chance at $10? Suddenly EV is meaningful.
EV is meaningless in any situation where you only get 1 chance.
It only becomes relevant if you repeat something enough for the law of averages to work out
Do you take a guaranteed $1 or 50% chance at $10? Suddenly EV is meaningful.