Re: Something I\'ve been thinking about
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This is only a varience question.
My question is, are the varience in all 5 cases (and in particular, the ones I've asked) the same?
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It's very, very close to the same, yes. As suggested above, there is a slight reduction in variance for the non-binary cases due to chopped pots. In practical terms, that's a small enough difference to be negligible, however.
A coin-flip is a coin-flip, no matter how the problem is broken down. That's a large part of the beauty of equity calculations. They abstract away the details of individual hands and give us a broader understanding of what's going on.
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