Ok so variance is something that helps me with my luck, right? Thanks. I still don't know what variance is though.important strategy is to focus on playing in games with lower variance. This may mean choosing games with lower stakes or games with fewer players. By reducing the variance in your games, you can reduce the impact of short-term luck on your results .
gotcha. Thanks buddy.it's important to maintain a positive attitude and avoid tilt. Tilt refers to a state of emotional frustration or distress that can cause you to make poor decisions. By staying calm and focused, you can avoid making mistakes that can be costly in the long run. Remember, the key to long-term success in poker is making good decisions, not just winning every hand . and finally variance is like the marketplace you know its not every time on a straightforward directions ! it has own up and downs in a while . but you can always be profitable in long run with controlling and managing this downswings or bad variances that you said recently .
Thanks for the advice. I think I understand more now on "Variance" now. I do take those steps above but sometimes my emotions get to me. lolIn poker, variance refers to the randomness of results in the short term, which can differ significantly from expected results in the long term. In other words, variance reflects the degree to which luck (or bad luck) affects the results of a game, regardless of the player's skill.
For example, if you play poker for a short period of time and are unlucky, you can lose a lot of money even if you play well. However, over a long period of time, the player's skill usually wins out over the randomness of the results, as luck evens out.
To reduce the variance in poker, you can take several actions:
Play more aggressively - playing more aggressively can force other players to fold, which will reduce the number of players in the hand and reduce the variance.
Play more cautiously - if you play more cautiously, there will be less risk of losing large amounts of money due to your opponents' luck.
Play smaller games - the smaller the game, the smaller the variance.
Play a more stable strategy - play a strategy that is more stable and predictable, rather than relying on a one-time hit of a good card or bluff.
Control your emotions - stay calm to avoid taking too many risks and stay in control of your game.
Ultimately, although variance is inevitable in poker, by taking the above steps, you can reduce its impact on your game's results.
I've read that somewhere. Did you read that from the same website?let me try. poker variance is the resulting statistics or mathematics of your chances or odds or "luck" to win.
If you flip a coin a hundred times, you would expect to win 50 times. If you win 54 times, then you have experienced positive variance. If you win 46 times, you would have experienced negative variance.
I guess I read it somewhere but its best simple example to try & explain variance.I've read that somewhere. Did you read that from the same website?
Is there less variance in the game of lower input value? I do not get itimportant strategy is to focus on playing in games with lower variance. This may mean choosing games with lower stakes or games with fewer players. By reducing the variance in your games, you can reduce the impact of short-term luck on your results .
When you play at lower stakes, the amount of money you stand to win or lose in each hand is smaller. This can reduce the impact of swings in luck and make the results more predictable. For example, if you're playing a $1/$2 game, you might win or lose $100 in a single hand. But if you're playing a $0.25/$0.50 game, you might only win or lose $25 in a single hand. This can help to smooth out your results over time and reduce the variance.Is there less variance in the game of lower input value? I do not get it