Noob to terms Variance

BLACKSOLDIER

BLACKSOLDIER

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Hey there could someone explain Variance to me maybe
I'll get.
 
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freestocks

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Variance in poker means anything can happen.
You can win or lose more than you should for longer than you should.
In the long run it should even out.

In the short term variance means really good or really bad luck could happen for a while.

I like the term standard deviation.
 
detroitjunkie

detroitjunkie

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its not just luck though. when a game has high variance it means people may be playing looser than normal, which in turn means more bad beats and what not. omaha has a higher level of variance than texas holdem because more people see more hands, and more hands of higher value can be made by multiple people

variance in the presence of variables that influence results, the more variables, the higher the variance, what those variables are and can you see them is the question, and should dictate how you go about playing a particular game
 
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joaonetoferreira

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It is the random factor of the game that we are subject
 
BLACKSOLDIER

BLACKSOLDIER

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Noob

Thanks guys helps out an old coot
 
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