Glossary · maths
Expected value
Di average result for each bet for di long run. −1/37 of di stake for every standard European bet.
For context
EV = p·win − (1 − p)·stake. For roulette, di payoutmoniPayoutWetin bet wey win dey return, wey dem dey quote as “X to 1” on top di stake wey dem return.Read di whole tin → rule dey make di size of di bet cancel: every bet na −2.70%.
You sabi sey
Di idea born for 1654 inside letters between Pascal and Fermat about how to share di pot of one dice game wey dem stop for middle, di “problem of points”.