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The Scoreboard of Expected Value Most freelancers pick projects based on gut feeling or the highest hourly rate. This is like betting on a team because they have a nice jersey. It is a risky way to play the long game. We need to look at the numbers. In sports betting, we use a concept called Expected Value. This is a simple math trick. You multiply the chance of winning by the amount you stand to gain. If the result is positive, it is a smart bet. If it is negative, you should walk away. In freelancing, the same logic...