Mar 30 2021

Why You Must Embrace Variance to Succeed in Poker

published by Konstantinos "Duncan" Palamourdas
in blog Upswing Poker
original entryWhy You Must Embrace Variance to Succeed in Poker

intermediate introductory poker strategy

Nothing invokes larger emotional response to poker players than the word variance. Defined simply as the expected fluctuation of the average result, variance is meant to quantify the uncertainty around a typical outcome generated by the luck of the draw. Stochastic events (such as expected amount of money won, number of times making the nuts per session, or even life expectancies and...

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