A few months ago, I wrote a column about how some players are misapplying expected value calculations. The column focused on a particular play of shoving a wide range of hands when playing heads up ...
There is a long-standing argument in the poker world between the math guys and the instinct guys. I have always been a proponent of the math side, as every decision made in poker has an underlying ...
Whether you’re a novice bettor or a seasoned veteran, you’ve almost certainly heard of positive expected value betting. After all, there are betting influencers and podcast hosts who talk about the ...
Dependent on dependence: Are economic calculations of expected hydrocarbon accumulations worthwhile?
This article is concerned with showing that the dependence of probable success between two reservoirs has far-reaching consequences for the expected value, volatility, and cumulative probability of ...
How do you know if an investment is worthwhile? How can you be sure your investment decisions will amount to the ROI you need to retire? These are important questions every investor needs to ask ...
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