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29 March, 05:43

What does expected value mean in terms of gambling!

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  1. 29 March, 05:56
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    In gambling, the expected value (EV) is the measure of what a bettor can expect to win or lose per bet placed on the same odds time and time again. Positive expected value (+EV) implies profit over time, while a negative value (-EV) implies a loss over time.
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