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 ...
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 ...
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 ...
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 ...
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