[ QUOTE ]
Its rare, but I admit I am very confused, I havent taken statistics in 8 years, can you explain in layman's terms?
[/ QUOTE ]
This would be so easy if I could draw for you! Wait, I can!
The purple line is a loser, the black line a winner. But due to the standard deviation people will rarely be observed exactly on their long term win rate. Their observed win rate forms a bell curve around their real win rate. (Real win rate is at the peak.)
How likely you are to observe a certain win rate is governed by the area under the graph. As you can see from my
leet MS Paint skills you're quite likely to see a winner lose for 100 hands, or a loser win.
Edit: The Image linking doesn't work. Just click the link to see the awful picture.