
Originally Posted by
Kokyota
This is a great idea. Where is the expected value advantage for Wizard101?
I tweaked this game of chance definition to fit, IMHO, our Wizard101 Pet Hatching.
Pet Hatching has mathematically determined odds that ensure the house Wizard101 has at all times an advantage over the player Wizard. This can be expressed more precisely by the notion of expected value, which is uniformly negative (from the player's Wizard’s perspective). This advantage is called the house edge. In Pet Hatching, the house Wizard101 takes a commission called the rake Hatching fee. Wizard101 Pet Hatching casinos sometimes give out complimentary items, such as comps to the gambler Double Pet Reward Event to the Wizard.
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