How to Read Pokémon Card Pull Rates and Calculate BOX Expected Value | Determining the 'Probability of Breaking Even' with 1 BOX

September 20, 2026According to our estimates, the probability of breaking even on the purchase price by opening one expansion ...

What happens when you compare horse racing, pachinko, Numbers, stocks, and FX using the same yardstick of expected value

Stocks and FX are not exactly the same as "gambling." In particular, stocks have sources of return such as corporate profits, ...
Seeking Alpha

Busting Options Myths And Improving Expected Value: Reduce Worry Without Having To Guess

We propose a method for selling options that defies many myths around options selling. We analyzed options prices using statistical modelling and calculus to improve the "expected value" of trading ...
GIGAZINE

The concept of 'fairness' in gambling gave rise to the concept of 'expected value' in probability theory.

Probability theory is the mathematical description and discussion of the likelihood of events occurring. The YouTube channel Chalk Talk explains how probability theory originated from discussions ...