bluemu
bluemu
  • Threads: 2
  • Posts: 2
Joined: Apr 21, 2010
April 21st, 2010 at 5:23:47 PM permalink
Hello Math Wizard(s) -

Simple question - how do I compute the house edge?

Is it simply EV/amount wagered?

E.g. if I compute my EV on a $300 bet is -$0.8333 is the house edge 1.11%?
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