*Official* PLO in Vegas during the WSOP---Please keep here

[pete fabrizio]

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actually I'm not sure now, I think your SD would double which should mean your variance would increase by a factor of 4.

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This debate is so stupid. In common parlance, "variance" is clearly shorthand for "standard deviation."

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not really, for 90% of poker players variance is what causes them to lose, the other 10% have a good idea of the mathematical definition.

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lots of people who use the word "variance" in the way I described either understand the mathematical definition or may as well. it's just easier to say "this game has twice the variance" than it is to say "this game has twice as large of a standard deviation," or even worse "this game has four times the variance."