Quote Originally Posted by hogwashap View Post
Would it not be the case that switching to RA indexes would increase SCORE and changing the bet sizing would allow us to keep RoR the same while increasing EV?
Expected value goes down when you use risk-averse indices.

However, it is worth it because with risk-averse indices your variance is reduced.

In theory this should allow you to bet more aggressively for the same risk of ruin - meaning you make more money overall. If you don't or can't adjust your bet size, perhaps because it is impractical to do so in a real game, you will have lower EV and lower variance.