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Old 01-22-2009, 09:53 PM
Join Date: Jan 2009
Posts: 35
Default Help with variance

Hey i know that variance means a variance in hands you get etc... but i hear variance a ton in the videos. What is variance exactly? Do online poker websites put people in equal bad and good situations purposely to try and even out beats etc.. Im not a noob and i currently make very little money beating very small miro stakes but I never was sure if i grasped the full concept of variance as its discussed by trikkur etc...

also whats a dog poster or donk poster
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Old 01-22-2009, 10:01 PM
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Join Date: Jan 2009
Posts: 322

Variance is something that happens in the short term. Probabilities willl take millions of trials to even out. For example, AA is an 80% favorite over KK. You may have AA against KK 3x in a row and still lose.

Same thing flipping a coin. In the short term, you may have one side get flipped more than the other. Over millions of trials, they will get closer to 50/50.
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Old 01-22-2009, 10:06 PM
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Join Date: Nov 2008
Posts: 533

Variance means that for every given situation at the table, there are various outcomes that will happen by chance. For instance, say Hand 1 and Hand 2 both have a 50% chance to win on the flop. Just because it's 50/50 doesn't mean that either hand will win 50% of the time. For instance, if you ran the hand 10 times, Hand 1 could win it all 10 times! Varience in poker generally refers to a spot or multiple spots where you get your money in favorably but still lose the hand(s).

A donk (donkey) post is when a player just sitting down immediately posts the big blind before they are required to do so. A donk bet is when a player who just called preflop and is out of position against the aggressor bets before the aggressor has a chance to act.
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Old 01-22-2009, 10:15 PM
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Join Date: Aug 2008
Location: Notts, UK.
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Send a message via Skype™ to ThatDeviant

Sites don't rig it, no.
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Old 01-23-2009, 12:33 AM
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Join Date: Aug 2008
Location: Fremantle, Australia
Posts: 466

variance is that biatch thats slaps me in the face every chance she gets. "Think you are up 2 buyins" she sez........SLAP
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