Fundamentals2 min read
What positive expected value actually means
EV+ gets thrown around constantly and explained badly. Here is the arithmetic, worked through on a real number, and what it does and does not promise.
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Market structure, expected value, and bankroll discipline — explained properly rather than pitched.
EV+ gets thrown around constantly and explained badly. Here is the arithmetic, worked through on a real number, and what it does and does not promise.
Read →Arbitrage windows exist because books are not really pricing the game — they are pricing their own position. Understanding why makes them easier to spot.
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