In fact, lets take a closer look at some numbers: The probability of John losing money over 40,000 hands (10 months worth of live poker) is miniscule:.001 per cent.
Enter the data, hop over to the, variance Calculator page and enter your winrate, standard deviation and the number of hands you want to simulate.
Those numbers lead to one conclusion: Good cash-game players don't sweat variance.
Basically in poker variance is a term (or more specifically a number) which describes how far your results spread around the mean.Thirdly the calculator displays the 70 and 95 confidence intervals as light and dark green curves.Obviously, you decide to call all-in 5 times before the flop too.Your win rate is simply too low to negate a big downswing within a couple of hundred hands.Good days and bad days thats his variance.This number is called standard deviation.So for example, if according to your win rate you expect to win 500 in a month on average but end up losing 1,000 instead, this is attributed to variance.Chinese Poker Strategy, chinese Poker rules, strategy and tips tricks.This term means that in 95 per cent of all cases the actual results will be somewhere between those lines.Winnings in BB on right axis, current downswing in BB on left axis.This means that variance will kick you in the butt every now and then and there is not much you can do about.The red area shows for any given point, how much the sample is currently away from its previous peak, meaning it tracks downswings.Calculate and the let the Calculator do its magic.John our live poker grinder cinema casino saint aubin from our previous examples just discovered the online poker world and hes as decent online as he is in his local casino.I wouldnt play another session of online poker without it I play 25NL, and in under 1 week PT4 had paid for itself Comments.His standard deviation is 100 the witcher 3 comment gagner beaucoup d'exp rapidement big blinds per 100 hands (thats a usual standard deviation for six-max tables online).As we know there is an element of skill involved in poker, but there is also a lot of luck.If youre good enough and your win rate is high enough, you will come off well despite any downswing you might stumble into.Which hands can you call an all-in with?It's a real eye opener if you think your recent 5 buy-in downswing was bad.
Examples of variance in poker.