How much more variance is there for playing across several stakes?
Posted by Deactivated User
Posted by Deactivated User posted in Gen. Poker
How much more variance is there for playing across several stakes?
I'm playing a small site and during some hours the traffic can suddenly drop really low at some stakes even during peak hours.
I'm afraid to play across several stakes because all I know is that it increases the variance.. would suck to win nice hand at the lower stakes and then get a cooler at the higher stakes.
Is it possible to mathematically answer this with some formula?
Because I remember reading an article about SnG's + MTT's where a person mathematically showed how the variance changes when you play several stakes, mixing MTT's + SnG's and how you need to play for example 2x $50 MTT's for every $100.. if you play 2x $50 + 1x $100 then you can play a $200 MTT as well.. and so on.. It's high variance though and no fun to play and win a bunch of SnG's so you can play a MTT that you lose.
Is there something like this for cash?
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