Re: Blackjack Variance
If the total amount being wagered is the same (in this case it is), the higher variance option will be the one with the least trials, or the greater amount being bet.
Think of the extreme. If you were to only make one $3000 bet, compared to 10 $300 bets, which would have the higher variance? The one $3000 bet obviously would.
So making 1000 $3 bets is the lower variance option.
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