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Old 05-01-2005, 10:39 PM
Jacob_Gilliam Jacob_Gilliam is offline
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Join Date: Apr 2005
Posts: 196
Default Re: Chance of going broke

Standard deviation is how much in a session or over a given period of time ones results differ or deviate from the average. If two people have the same BB/hr ratio, say 2/100, over the very long haul they will win the same ammount of money. But if one player has a higher SD, in the short term he is more likely to be further away from his true average (very aggresive players or playing in very aggressive games tends to cause your SD to be higher, while in passive games, passive players the converse is true). Therefore a player with a high SD is more likely to go on a longer downward run than someone with a smaller SD and more likely to bust his bankroll (hes also more likely to have bigger winning streaks too.)
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