Glossary · maths
Expected value
Di average result pon evry bet inna di long run. −1/37 a di stake fi evry standard European bet.
Inna context
EV = p·win − (1 − p)·stake. Inna roulette di payoutmoney mattaPayoutWah a bet weh win gi yuh back, weh dem quote as “X to 1” on top a di stake weh come back.Read di whole ting → rule mek di size a di bet cancel out: evry bet a −2.70%.
Yuh did know?
Di idea born inna 1654 inna letter between Pascal an Fermat bout ow fi share di pot a a dice game weh stop halfway, di “problem of points”.