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Poker glossary · Math & odds

What does “variance” mean in poker?

Also called: swings, downswing, upswing हिन्दी में पढ़ें

Definition

Variance: The natural short-term swings in results, even when you play well.

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Poker has a large element of luck in the short run. Even a winning player can lose for thousands of hands. Understanding variance helps you judge decisions by their EV rather than by results, and is the reason for bankroll management.

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