Glossary · maths
Expected loss
Expected value times di total moni wey you bet; di average amount wey you go lose for one session or one period.
For context
$10 per spin for 100 spins na $1,000 wey you bet and $27 expected loss, no matter how you arrange di bets.
You sabi sey
Casinos dey plan dia budget with “theoretical win”, wey na dis number wey dem calculate from your average bet and di time wey you spend for di table. Na so dem dey calculate comps.