Variance

[mojorisin24]

I've heard the term used many times, but I'm still not quite sure what "variance" in poker means. Can anyone help me on that?

[Reef]

from http://www.pokernews.info/pokerterms/variance.html :

A measure of the up and down swings your bankroll goes through. Variance is not necessarily a measure of how well you play. However, the higher your variance, the wider swings you'll see in your bankroll.

[mojorisin24]

Thanks, man. That's a great website, too.

[MycroftX]

heres a good one too
www.dictionary.com

[slickterp]

i've got a fun one too:

noneedtobeadick.org

[MycroftX]

hey now, it was all in good fun.

mine was funnier though.

[slickterp]

come on now, mine was way better, admit it. i was just paying as well.

[mojorisin24]

var·i·ance: The act of varying; The state or quality of being variant or variable; a variation.


That really tells me a lot about how it applies to poker.

[MycroftX]

heh, we'll have to agree to dis-agree [img]/images/graemlins/tongue.gif[/img]

[MycroftX]

I'm sorry, from now on I will be more PC