Originally Posted by redietz View Post
Originally Posted by smurgerburger View Post
Originally Posted by AxelWolf View Post
How was it he could tell his investors they could expect to make 10%(or whatever he was TOUTING)
Apparently using some alternate branch of mathematics.

You are correct. So, granting you are correct, how is "the EV is" any different from "my opinion is?"

Answer: It's not. And that is my point. The people using "EV" going forward in sports betting are simply subbing in "the EV is" for "my opinion is." It dresses up the estimation with gobbledygook, and it allows the person doing the estimating from needing to dress up the estimating with any actual knowledge of the events being discussed. "Math" phrasing becomes a kind of intellectual cover.

So your true argument is against a particular use of the rhetoric of EV rather than the concept itself.