Interesting. Whoever puts up the money should use CE. I can see why the players would prefer EV, but if that's the agreement then the players have a bit of advantage over the backers. Also if the agreement is for EV, then the players should play more aggressively (increase variance), which would also favor the players against the backers. Basically, there is a risk penalty for using EV over CE, if the agreement is for EV, the backers take that risk penalty, if the agreement if for CE, then the players take the risk penalty.
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