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Old August 18th, 2009, 12:29 AM
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SleightOfHand SleightOfHand is offline
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Default Calculating CE outside of BJ

From my understanding, an equation to estimate CE when the advantage/disadvantage is less than 10% is

CE = E - V/2kB
E: Expected Winning
V: Variance
k: Kelly fraction
B: Bankroll

What would I do if I wanted to calculate the CE of a MP coupon or a scavenger bet?
 

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