Low content question

[Melchiades]

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LOL? Let's say a great TAG has a winrate of 7PTBB/100 in a nice loose juicy game. By incorporating light 4-betting into his game, he can increase his profit a little, say to 7.5PTBB/100, but his variance will go through the roof.

Essentially adding marginally +EV high-variance plays into your game will increase variance.

[/ QUOTE ]
lol is right.

[Nielsio]

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[ QUOTE ]
LOL? Let's say a great TAG has a winrate of 7PTBB/100 in a nice loose juicy game. By incorporating light 4-betting into his game, he can increase his profit a little, say to 7.5PTBB/100, but his variance will go through the roof.

Essentially adding marginally +EV high-variance plays into your game will increase variance.

[/ QUOTE ]

it just seems weird since the DEFINITION of variance closely relates it to expected value.

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Higher winrate (smart lag; no pun intended) means higher short term variance and lower long term variance.

Lower winrate (ultranit) means lower short term variance and higher long term variance.

[Syntec87]

This is blatantly untrue. You have a severe misconception in your knowledge of variance.

[Redgrape]

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Higher winrate (smart lag; no pun intended) means higher short term variance and lower long term variance.

Lower winrate (ultranit) means lower short term variance and higher long term variance.

[/ QUOTE ]

this is so wrong on so many levels

[Jman28]

Wayyyyyy too much. I prolly 0-2 table half of my hours.

[blah_blah]

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it just seems weird since the DEFINITION of variance closely relates it to expected value.

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in a sense you need to know the expected value to calculate the variance, but the idea is that you just factor out the expected value. the variance tells you how far away on average you are from the expected value, without really saying anything about the expected value itself.

also nielsio's post is really stupid and wrong

[Moonshine]

you guys are completely retarded with the stat talk in this thread