Gamevance
Recently, I stumbled upon this gaming site called gamevance. I was really really bored and was looking for some way to spend my time. I did a “Play games and win prizes” kind of search in google and the link to gamevance popped up. I was not amused. There were a millions sites like this [...]
Learn MoreLet’s discuss the realities of expected value, if the lottery really is merely a “tax on the stupid,” and what it really means to gamble.
Most gambling situations have an expected win value. For instance, in a coin toss situation, if I bet $1 on heads to win $1, the expected value of my wager [...]
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