3min chapter

Deep Dive with Ali Abdaal  cover image

World Poker Champion On The Science Of Decision Making - Chris Sparks

Deep Dive with Ali Abdaal

CHAPTER

Plus EV

The idea of plus EV is that you're not wedded to the outcome of an individual decision as long as it was plus EV. Over time, we learn a little bit more about what those actual probabilities or risk rewards are. And so we get a better sense of like what risks are worth it and what rewards are worth it over time through this feedback that we're getting. It's moving beyond thinking in results terms and more thinking in process orientation terms.

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