Variance in different forms of poker

[Mason Malmuth]

Hi [ QUOTE ]
The limit player's varience will be much lower REGARDLESS of their win rates, however the N-L player can lower his varience by a significant amount (while only lowering his WR slightly) by avoiding "coin-flips" (AK vs QQ, etc.);

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I don't really agree with this. I suspect you're confusing no limit tournament play with cash game play.

However, one skill in poker that does have the ability to lower your variance (and increase your win rate) is the ability to read hands well. This skill is much more effective at no limit.

Best wishes,
Mason