> That is, the probability is 1/2. That's all that matters to the decision making. Calculating an "expected value" at all is completely useless, whether or not

> That is, the probability is 1/2. That's all that matters to the decision making. Calculating an "expected value" at all is completely useless, whether or not you do it "correctly". I'd be happy to take you up on that offer. Let's play some dice or card games that are set up such that you'll always have 9/10 probability of winning. You'll play, regardless of the expected value, right?