Re: Why do SNG\'s have less variance?
SNG's have a set amount you can lose and win based on how much you play. Also, SNG's are easier to put a stop time on than cash games. If you play 10 $215's, you can't lose more than 2150, nor win more than 8850,(which is relatively impossible, but still). A reasonable upper end win goal for 10 $215's is 3000 or so. If you were to play a comparative cash game, say maybe 5-10 NL, your win/loss amount is essentially only limited by your bankroll, willingness to gamble, and time played.
SNG's vs MTT's variance is more a function of the fact that only 8-12% get paid in MTT's, and the single event upside can be huge, whereas a vast majority of the time most people would get $0. MTT profitability is MUCH higher for top players per event, however.
Either way, Irie's post is teh pwn.
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