Originally Posted by arcimede$ View Post
Alan, the ER is established by the odds on EVERY hand you play. If you play multiple hands then the ER is the sum of the individual ERs divided by the number of hands. Simple math. If you are playing the same machine then, ER*n/n = ER. So, it turns out the ER also pertains to every hand you play. Darn that math.

This has nothing to do with winning and losing. It's simply a statement of statistical averages. However, ER and variance are the tools that allow you to compute probabilities for your chances of winning/losing. And, if you paid attention they is nothing in any of the computations that cares when the hands are played.
I'm scratching my head here... aren't we saying the same thing? The only other thing that I said is that the ER does not impact whether or not you will win or lose. And now you wrote "this has nothing to do with winning and losing." Well, that's right. So why so much criticism for those who play on negative expectation games? They can and do win, ya know.