vpFREE2 Forums

Steve Jacobs/Max EV vs. Risk

#1

Steve,

Thanks for sharing your thoughts and treatise about a new way of
thinking about VP and gambling in general.

Contraints are the key to optimization. Goals are not the same for
every player in life or gambling. Economists use a subjective
weighted average method to compute value.

What I barely remember from a college Linear Programming math course
is the concept of the intersections of the different lines graphed on
the Cartesian Coordinate plane. Each intersection of the straight
line equations represented a possible solution.

You have us looking at a different Cartesian Coordinate value.

BS

#2

Um....that's a GOOD thing, right?....

ยทยทยท

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bluestreak wrote:

What I barely remember from a college Linear Programming math course
is the concept of the intersections of the different lines graphed on
the Cartesian Coordinate plane. Each intersection of the straight
line equations represented a possible solution.

You have us looking at a different Cartesian Coordinate value.

BS

#3

Carlos Lebron wrote:

Um....that's a GOOD thing, right?....

bluestreak wrote:

You have us looking at a different Cartesian Coordinate value.

Cartesian Coordinates? I think that's what my father-in-law uses when he does his water-witching; he tries to find a cartesian well -- the ones where the water runs right up out of the ground without the need to pump. :wink:

Bill