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Blackjack Crusader: CE ?
If CE is the value of a wager then:
If one had the choice between a job paying $25 an hour or blackjack with a CE of $50 then the choice based on math is equal?
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Don Schlesinger: Re: CE ?
> If CE is the value of a wager then:
> If one had the choice between a job paying $25 an hour
> or blackjack with a CE of $50 then the choice based on
> math is equal?
No! For your example to make sense (although there are, clearly, other considerations), you want the CE of the blackjack wager to be $25 also. That would be true if the EV were about double, or $50. You would thus be comparing a certain $25 working on your job to a risky $50 playing blackjack.
Don
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Blackjack Crusader: Yes, What I Meant to Say, Thanx *NM*
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