The Motley Fool Discussion Boards
Fun & Games / Gamblin' Fools
|Subject: Re: Greetings, Fool!||Date: 7/16/2000 12:45 PM|
|Author: leehjones||Number: 6 of 1444|
<< I'm a Poker player, personally. I'm not a recreational player; I'm a tough low-limit player who is moving up the limits and who ha aspirations of playing professionally. >>
It's good to find Fools who are interested in gambling - it's a pet topic of mine.
If we're going to discuss gambling, then I think we ought to separate it into two important categories: +EV and -EV gambling.
"Wait - you didn't tell us what 'EV' is."
Oops, sorry - my bad. EV is "Expected Value". It's a statistical measure of