Definition of Variance

[Teetster]

Main Entry: var·i·ance
Pronunciation: 'ver-E-&n(t)s, 'var-
Function: noun
1 : the fact, quality, or state of having AA dealt to a player anytime you are dealt JJ, QQ or KK.

2 : the fact or state of having every flush and straight draw out on you, on the river when you have a set on the flop

3 : a disagreement between probability and actual results. The higher the bet, the higher the disagreement.

4 : a way to describe playing against total idiots who play like crap and make every hand, no matter how unlikely, just slightly better than yours on the river.

[keikiwai]

[ QUOTE ]
Main Entry: var·i·ance
Pronunciation: 'ver-E-&n(t)s, 'var-
Function: noun

A disagreement between probability and actual results. The higher the bet, the higher the disagreement.



[/ QUOTE ]

K.I.S.S.

PS:

I like:

A negative correlation between expectation and earn whose R^2 increases the more you play.