Variance
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- The amount of deviation from the expectation you can expect. The house edge on a bet.
Blackjack Hero - Cite This Source - This Definition - Expectation, Expected Win Rate, Fluctuation, Insurance, Rated, Risk of ruin, Standard deviation, Win rate
- A measure of the up and down swings your bankroll goes through. Variance is not necessarily a measure of how well you play. However, the higher your variance, the wider swings you'll see in your bankroll.
Lee Jones - Cite This Source - This Definition - Center Pot, Family Pot, foul, Heads up, Muck, Short Stack, Side Pot, Split Pot
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