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#2
08-22-2007, 08:08 PM
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Re: Books on the variance of poker
[ QUOTE ]
Are there any books out there that thoroughly discusses the variance in poker? The ones I got only briefly mentions this, usually when talking about bankroll management. [/ QUOTE ] Gambling Theory & Other Topics, its the definitive book about non-self weighted strategies, risk, and fluctuations within the standard deviation (variance). 
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#4
08-23-2007, 12:57 PM
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Re: Books on the variance of poker
"The Mathematics of Poker"
Bear in mind the title does not lie. Very heavy on the maths but perhaps thats what you want.
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#5
08-23-2007, 02:44 PM
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Re: Books on the variance of poker
[ QUOTE ]
[ QUOTE ] Are there any books out there that thoroughly discusses the variance in poker? The ones I got only briefly mentions this, usually when talking about bankroll management. [/ QUOTE ] Gambling Theory & Other Topics, its the definitive book about non-self weighted strategies, risk, and fluctuations within the standard deviation (variance). [/ QUOTE ] have you read it? worth checking out?
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#6
08-23-2007, 02:50 PM
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Re: Books on the variance of poker
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Are there any books out there that thoroughly discusses the variance in poker? The ones I got only briefly mentions this, usually when talking about bankroll management. [/ QUOTE ] Gambling Theory & Other Topics, its the definitive book about non-self weighted strategies, risk, and fluctuations within the standard deviation (variance). [/ QUOTE ] have you read it? worth checking out? [/ QUOTE ] Yes. Parts are a bit dated, but its a significant part of gambling history, this book took us out of the dark ages.
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#7
08-23-2007, 06:54 PM
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Re: Books on the variance of poker
Professional Poker by mark Blade has some interesting material dealing with variance and bankroll management. I know this is not exactly what you're looking for but he does go into the topic in great detail. (i.e. not just a blurb but rather several pages)
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#8
08-23-2007, 10:50 PM
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Re: Books on the variance of poker
[ QUOTE ]
Gambling Theory & Other Topics, its the definitive book about non-self weighted strategies, risk, and fluctuations within the standard deviation (variance). [/ QUOTE ] Added to this recommendation and the Mathematics of Poker (which has an entire section on Risk), you might also look at the zobags/stoxtrader limit book, "Winning in Tough Hold "em Games". It has a brief but very well written, section on bankroll considerations, variance and related topics. The authors' blunt conclusions are adjusted for tough games and are much more sober/pessimistic that previous material. If you play limit, especially short-handed, online limit, it would behoove you to read their thoughts. Mason's book is an outstanding reference for live play. Its a book that anyone who plays seriously should read. I've only read sections of the Chen/Ankenman title but I've already incorporated some of their ideas on flattening risk/variance.
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