Originally Posted by Alan Mendelson View Post
Originally Posted by MisterV View Post
As I understand it, the notion of EV is most valuable when analyzing expectation over the long run.

Those (such as alan) who dismiss the relevance of the long run to gambling will not be able to accept this idea as a verity.
Let me make this clear: I'll play the best paytables available and I play craps at Red Rock because they pay more on place 4 and place 10. But you either win or lose when you play. I don't fool myself by saying "gee, I lost today but I had a lot of positive expected value." That kind of thinking is what I reject. You can't pay bills or deposit in a bank "positive expected value." So stop the BS.
You're a lying bag of shit. You dont play the best payscales and you mangle the ones you do play.