[DpR]

I'm normally the one suggesting that people overestimate variance. However, even I do not think there is really any doubt that playing 3-4 handed in medicore games is going to lead to huge variance (1k BB).

There is no doubt there is a huge difference in percieved variance between a win rate of 1.75 to 1ish.

I do not think you will find any players who play in tough 3-4 handed games that think a 1k BB downswing is not possible when playing well.