Re:The Gambler Who Beat Roulette
by late2part on Friday April 07, 2023 @11:18PM
(#35490171)
I don't think this EV means what you think it means :)
[ Parent
| on HN ]
Look, when the lump sum jackpot is greater than cost to play * number of possible selections, and I assume that only I will win, then it's a good move to play. The trick is not looking at the financially nonsense sum of payments advertised total. Anyone who was taken business finance knows you can't add a dollar today with a dollar in a year; they're not the same unit; but it makes a better advertised number, so there you go.