Re: \"Official\" Live at the Bike thread (9/19)
[ QUOTE ]
But if you run something say three times, don't you lower your variance
[/ QUOTE ]
Yes. I recently posted an explanation as to why it lowers the variance. But surely Mo has enough of a bank that he is not concerned about variance when making a $1300 play. More importantly, if you are making a negative EV play, reducing the variance cannot make the play favorable.
|