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General Poker
Weird Question about Variance?
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[QUOTE="Herkstwin, post: 4286799, member: 285307"] [COLOR=#4169e1]Alex the Owl has the perfect example of variance and how both players experience it. AA always comes out ahead - in the long run. In a 3 hour session recently, I had AA four times and lost three of them. I had KK, QQ, and JJ - and they all lost. Negative variance drove me out of the poker room - that afternoon. But, given the choice, I will take AA in the pocket every time over any other two cards. [/COLOR][FONT=Comic Sans MS][COLOR=#4169e1] [/COLOR][/FONT] [COLOR=#4169e1]Someone who consistently plays weak hands can only hope to win those hands a small percentage of the time, compared to players who get their money into the pot with good hands. That weak player is putting dead money into the pot. When they win with their weak hands, they are experiencing positive variance, and this reinforces their playing style. Keep it up!! The negative variance will dominate their game, making them long-term losers.[/COLOR] [COLOR=#4169e1]I play in a home game with some very weak players. Week after week they drop large sums of money. Then, one week they win big, maybe enough to cover 1/3 of their loses over the last month. They go home happy, confident that they can win big playing any two cards from any position. I hope they come back next week. Positive variance is on my side.[/COLOR][FONT=Comic Sans MS][COLOR=#4169e1] [/COLOR][/FONT][FONT=Comic Sans MS][COLOR=#4169e1] [/COLOR][/FONT] [/QUOTE]
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