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Dec
4
comment Profit estimation with a dice: 10 dollars for 6, -1 dollar for anything else
Nope, read again Freddy's answer. Also perhaps it is worth mentioning that 5/6 dollars is $0.83333...
Dec
3
comment Why is random trading minus transaction costs not zero expected value?
@chrisaycock, good point, but I'm glad that Palace Chan asks the question here too because I'm also interested in the answer.