Can Expected Value Be Negative?

Can Expected Value Be Negative in Casino Gambling or Poker?

Have you heard of expected value? It’s one of the best ways to determine how profitable or unprofitable your gambling activities are. One question that many gamblers have is this: Can expected value be negative? Yes, expected value can be negative. Most gambling games have a negative expected value for players. At the same time, … Read more

How Much Money Should You Bring to the Casino?

How Much Money Should You Bring to the Casino?

Have you ever thought about how much money you should bring to a casino? Some gamblers just go with whatever they have in their pocket, but many people are more comfortable with a more detailed plan and budget. You should bring enough money to the casino to cover all of your expenses, including food, drinks, … Read more