chicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 2 months agoSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comimagemessage-square60linkfedilinkarrow-up1249arrow-down14file-text
arrow-up1245arrow-down1imageSaturday Morning Breakfast Cereal - EVlemmy.dbzer0.comchicken@lemmy.dbzer0.com to Comic Strips@lemmy.world · 2 months agomessage-square60linkfedilinkfile-text
minus-squarebequirtle@lemmy.worldlinkfedilinkarrow-up1arrow-down1·2 months 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-up2·2 months 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.