However, even with positive expectation value, you should not always play. One should first check the Kelly criterion, which is well explained Russel O’Connor’s

However, even with positive expectation value, you should not always play. One should first check the Kelly criterion, which is well explained Russel O’Connor’s blog post: “Do Not Play the Lottery Unless You Are a Millionaire” http://r6.ca/blog/20090522T015739Z.html http://r6.ca/blog/20090522T015739Z.html