Math You Should Know: Variance

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Math You Should Know: Variance

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Steve Paul

Essential Pro

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Math You Should Know: Variance

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Steve Paul

POSTED Jan 22, 2018

Steve Paul presents part two of his series "Math You Should Know" this time focusing on everything involving variance. Discussion centers around how to evaluate your tracked winrate for cash games or how field sizes of MTTs should impact your expectations.

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capt 7 years, 2 months ago

Great lesson! How do you estimate SD at 13:30?

Steve Paul 7 years, 2 months ago

Glad you liked it. There I just chose a standard deviation. You can look up what yours is in HEM/PT and substitute the appropriate number.

capt 7 years, 2 months ago

Yeah, I play mostly Full ring MTTs. Do you know why 6 max SD is lower? I thought it would be the opposite, since we have more multiway (and bigger) pots on full ring, which should mean more variance.

But maybe the fact that MTT are played mostly short stacked also contributed for this low SD.

Steve Paul 7 years, 2 months ago

6max SD is much higher than full ring. You VPIP much more often in 6max and stacks go in more often.

You're probably also right that MTTs have lower bb/100 variance because stacks are so much shorter.

JPiva 7 years, 2 months ago

Wow, great video. I'm reading a book about math on cash games, suggested by Apotheosis, but i didn't know that there is a site that make these simulation for tournaments, thanks a lot!

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