Archive for March, 2013

PostHeaderIcon Embracing Variance

Whether you like it or not, poker (register here today with Unibet to get a free casino and betting registration bonus) is a game that’s full of variance. Affecting everyone from Phil Ivey down to the low limit grinder, variance in all its forms will always be a part of the game. Indeed, because poker is a game that relies on both luck and skill, there can never be a situation when one isn’t influencing the other.

So if it’s impossible to escape variance, what can you do to stop it affecting your game? The simple answer is: knowledge. By understating exactly what variance is, how it works and what it means for you as a player, you’ll be in a much better position to stop it having a negative effect on your game.

In a nutshell, variance is the movement away the standard line of expected results. This movement can either be positive or negative in terms of the individual outcome, but overall the result of your move will always converge on a single point.

No move at the poker table is ever 100% guaranteed, but at all times you can strive to make the play that’s mathematically optimal. At times you may make the theoretically “correct” move but have the result go against you. However, other times luck will go in your favour and over the long-term you’ll show a profit.

Looking at variance in this way and not just as a continued run of bad luck should help you make better decisions at the table. Indeed, knowing that all you can do is make the best move for that situation, regardless of the immediate outcome, should be a comforting notion when things aren’t going your way.

Poker is a never ending proposition and the best you can do is make enough correct decisions to earn you an overall profit. While your results may vary in the short-term because of variance, the simple fact is that if you’re making the right moves, the numbers will always even themselves out.

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