Originally Posted by coach belly View Post
Mickey wrote: the recurring sum of net edge times volume equals the earn.

coach belly wrote:For any given +EV play...where the player has a mathematical edge...if the player (or team) loses (or gets crushed) then how does this formula apply?
The casinos have a big edge at roulette. But they have days where the roulette wheel loses them money. Some days they get crushed. But they keep the wheel up and running. If you look at their results over a reasonable period of time you will see that the wheel makes them good money. An AP works edges just like the casinos do. Some days we take it in the shorts. Other days we win. The money gets thrown back and forth. And over time a little bit more of that money lands and stays on my side than it does theirs.