Re: Stupid Variance Question
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p.s. Jerrod and Bill, if you're out there, just let me know if this is already in your book and I'll go out and buy it. Well, the 2nd edition anyway.
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There is no second edition of our book, as it's only been out for a couple months. This kind of topic is covered just briefly, but other posters here have given you a better answer than our book would.
You should still read it anyway. [img]/images/graemlins/smile.gif[/img]
jerrod
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Ah I figured if I left out cookies for you or Bill, one of you would see this and reply! [img]/images/graemlins/wink.gif[/img] I am very curious to read your book, despite all the errata to it posted here (hence the reference to the presumed 2nd edition). One of the things I hope to find discussed there is the "cost" of variance, or how it affects your decisions and therefore your net EV. As it happens I'm also wading into the poker author pool myself, and wanted to see if you or Bill had any pearls of wisdom to lend me on the subject?
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