KerouacsDog
Legend
Silver Level
More variance at micros? Opinions! "It's only a dollar, I don't get care"
TeUnit
Legend
Loyaler
if you dont believe me try this....
find 2 players- one that is really good and the other one that is really bad
now pull up there sharkscopes
the one with the lower roi will have more variance
you can say that better players dont have less variance, but they do- they just play higher stakes and achieve a lower roi than they would at much lower stakes
the best players can handle variance and play to maximize their win per hr not their roi
find 2 players- one that is really good and the other one that is really bad
now pull up there sharkscopes
the one with the lower roi will have more variance
you can say that better players dont have less variance, but they do- they just play higher stakes and achieve a lower roi than they would at much lower stakes
the best players can handle variance and play to maximize their win per hr not their roi
okeedokalee
Glory To Ukraine
Loyaler
Yep agree, more fish stay in to see the flop with rubbish, continue in the hand and hit runner runners etc, and take out the big hands.
At that level very little skill and a lot luckboxes
D
dan abnormal
Legend
Platinum Level
IF Im using proper bankroll management, I aint allowed to play anything over 2 dollars. I dont know as I posted before, I hear people talking about even higher buy in games have it share of awful play too. Im not sure why Ill go to the track and drop $100 or more but online I wont pay over $5 to play a MTT, and $5 is my top shelf limit, maybe its just the online enviroment right now since being newer to game, all I have gotten to see is the destruction of it. WHATS EVEN WORSE THOUGH is these (its just $1 players) always end up on my left with 10x the stack I do by using the ATC magic tricks in the first 20 minutes
billyjustin
Enthusiast
Silver Level
even in the low stakes, a good player will still crush the rest. Basically, play your game, switch depending on who you are in a hand with. Got a calling station, show him the nuts, got a LAG, 3 bet him at times. There is a style for every player, just gotta find which the competition is. And the higher the stakes, the lower the variance. You get players who play better and are not trying to throw away their BR. Lower stakes, yeah, you get "it's only a ...." crap, so, just play better and felt him
WVHillbilly
Legend
Silver Level
Just the opposite.
W
WiZZiM
Legend
Silver Level
Not only the worse the competition, I would assume that most players here would be likely risking a decent chunk of their bankrolls to play in mid-high stakes tourneys with "less variance ". So you will miss it more which leads to tilt, which leads to more losses and generally bad things.
Put it this way, would you really expect less variance playing one $50 tournament instead of playing ten $5 tournaments?
". So you will miss it more which leads to tilt, which leads to more losses and generally bad things.Put it this way, would you really expect less variance playing one $50 tournament instead of playing ten $5 tournaments?
okeedokalee
Glory To Ukraine
Loyaler
If I flop a flush draw, the laws of probability tell me my probable completion rate over the long run. But they also tell me nothing about what will happen on this specific occasion. I may make the flush or I may miss it. In fact I may miss five flush draws in a row for a short term completion rate of 0%. Or I may make five flush draws in a row for a short term completion rate of 100%. The difference between my long term expectation and the results that I realize in the short run (in this case 0% or 100% completion), is called variance.
The swing against your bankroll is greater at higher stakes because players at higher levels will see and not call your draws, therefore draws as a weapon are not as useful.
Your variance at low stakes should be more stable if you are a good player because you will spot others nut hands and fold, the swings will be less damaging.
The swing against your bankroll is greater at higher stakes because players at higher levels will see and not call your draws, therefore draws as a weapon are not as useful.
Your variance at low stakes should be more stable if you are a good player because you will spot others nut hands and fold, the swings will be less damaging.
Pascal-lf
Legend
Silver Level
Don't think using draws as a weapon is specifically the reason for higher variance.
At lower stakes it is much easier to hand read and people will stack off much lighter, giving you a far bigger edge. At higher stakes, it is much harder to hand read as people will merge ranges, so your edge (if any) will be smaller.
The bigger your edge, the less variance you will encounter.
At lower stakes it is much easier to hand read and people will stack off much lighter, giving you a far bigger edge. At higher stakes, it is much harder to hand read as people will merge ranges, so your edge (if any) will be smaller.
The bigger your edge, the less variance you will encounter.
PurgatoryD
Visionary
Silver Level
I only play micro MTT, so I can't really compare it to anything else. But your theory is correct at the BEGINNING of such a tournament. In fact, you almost pray that you don't get AA in the first few hands because AA has a hard time standing up to five other hands pre-flop all in.
But once the "it's just a dollar" folks are out (which is usually pretty quick) then things get fairly normal. When you're deep in the tourney, nobody really feels, "It's just three hours!"
Besides, the "it's just a dollar" folks usually are pretty bad at the game. Since they can't actually play their way to a win, they just roll the dice with pre-flop all in. Then if they get lucky, they can double up and maybe stay in the game longer than they normally would. But such people's horrible play (impatience, specifically) usually catches up with them, and I find that even if they double up early, they rarely if ever make it to the final table.
I do look forward to the day that my bankroll increases and I don't have to endure this at the beginning of the dollar tourneys. Of course, there's always going to be that guy who thinks, "It's just $100."
marvingubba
Rock Star
Silver Level
I'm more confused now after reading the posts here.
Maybe I've never considered how variance relates to MTTs.
For cash games and BRM, I thought variance increased with the potential for big wins or losses.
So variance would be higher in NL over Limit games, and also higher at larger stakes.
As far as using variance as a stat to rate a player.
I would think any correlation with a player's ROI is because better players (high ROI) will naturally have a low variance.
Maybe I've never considered how variance relates to MTTs.
For cash games and BRM, I thought variance increased with the potential for big wins or losses.
So variance would be higher in NL over Limit games, and also higher at larger stakes.
As far as using variance as a stat to rate a player.
I would think any correlation with a player's ROI is because better players (high ROI) will naturally have a low variance.
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KerouacsDog
Legend
Silver Level
+1000