Edge or Expectation = win% * average profit $ amount - lose% * average loss $ amount
If Edge > 0, do it.
If Edge <=0, quit it.
What is Edge? Answer:
basicenglish (2017-05-23 08:49:31) 评论 (0)Edge or Expectation = win% * average profit $ amount - lose% * average loss $ amount
If Edge > 0, do it.
If Edge <=0, quit it.