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Variance

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Related Glossary

Variance

Variance

In practice, variance determines the range of profit or loss a player may experience in a specific period. Even if long…

Hyper Turbo

Hyper Turbo

A tournament structure with extremely short blind levels typically 3-5 minutes and often antes from the first level, de…

Final Table Deal

Final Table Deal

A final table deal is an agreement among remaining players in a poker tournament to redistribute the remaining prize po…

Hourly Rate

Hourly Rate

Hourly Rate is the average amount of money a poker player wins per hour of play, used to measure profitability.

Risk of Ruin

Risk of Ruin

The probability that a poker player will lose their entire bankroll before recovering from downswings, given their win …

Run Good

Run Good

In poker, 'Run Good' describes a period during which a player experiences favorable luck, consistently winning hands or…

Run Bad

Run Bad

A describing a period during which a player consistently loses money despite making correct strategic decisions, typica…

Short Stack Cash

Short Stack Cash

A cash game strategy where a player buys in for a short stack, typically 20-40 big blinds, and employs a simplified, hi…

Run It Multiple Times

Run It Multiple Times

A poker practice where, in an all-in situation, players agree to deal the remaining board cards multiple times, with ea…

Run It Once

Run It Once

A referring to the practice of dealing only one complete board community cards to determine the winner of a hand, as op…

Winning Player

Winning Player

A poker player who achieves a positive net profit over a significant sample size, typically measured over thousands of …

Breakeven Player

Breakeven Player

A poker player whose long-term win rate is approximately zero, meaning they neither consistently profit nor lose money …

Related Strategy

Satellite Survival Guide: Min-Cash vs Winning – How to Make the Right Choice?

Satellite tournaments have a unique payout structure: everyone who makes the money receives the same ticket or prize. Therefore, the strategic focus shifts from 'maximizing win rate' to 'ensuring survival.' This article delves into the trade-offs between min-cashing and winning, using ICM principles and practical examples to help you make optimal decisions in the late stages of a satellite.

Embracing Variance: The Variance Acceptance Framework in Poker

The Variance Acceptance Framework helps poker players cope with the uncertainty of short-term results both psychologically and strategically. This article explains how to reduce emotional interference from variance by adjusting mindset, bankroll management, and decision logic, thereby achieving long-term stable profits.

Variance and Bankroll Cushion: Essential Survival Rules for Poker Players

Variance is an inevitable random outcome in poker. A bankroll cushion is the core strategy for players to withstand downside risk and maintain long-term profitability. This article deeply explains the principles of variance, provides practical bankroll management formulas and psychological coping techniques to help you build a solid poker career.

The Truth: Variance in Poker, Do You Really Understand It?

Variance is an eternal topic in poker, but most players misunderstand it. Starting from the definition, this article analyzes the essence of variance, explains why short-term results cannot reflect true skill level, and provides strategic advice for rationally dealing with variance.

Poker Bankroll Management: Risk of Ruin Calculator and Practical Risk Management Model

This article details the calculation formula and principles of poker risk of ruin, and provides a simple risk management model to help players quantify bankroll safety and set entry thresholds. It includes specific numerical examples, usage steps, and common questions.

Poker Variance Calculation: Guide to Winrate, Standard Deviation, and Sample Size

This article explains the concept of variance in poker from scratch, teaches you how to calculate the standard deviation of winrate, and determines the required sample size to obtain reliable results. Suitable for beginner to intermediate players to understand the nature of fluctuations and avoid common statistical pitfalls.

Poker Bankruptcy Probability Calculation and Risk Management Model: Tool Guide

This article introduces essential bankruptcy probability calculation tools and risk management models for professional poker players, including the Kelly criterion, safe betting method, and practical application examples, to help you protect your bankroll during variance and achieve long-term profitability.

Related Players

Ilari Sahamies

Ilari Sahamies

FinlandFinland

Ilari Sahamies, also known online as Ziigmund, is a Finnish professional poker player specializing in high-stakes Pot-Limit Omaha cash games. Known for his aggressive, high-variance style and trash-talking, he has amassed over $2.1 million in live tournament earnings and millions more online. He has appeared on High Stakes Poker and Poker After Dark.

Mikael Fisbein

Mikael Fisbein

FranceFrance

Mikael Fisbein is a French professional poker player recognized for his aggressive and high-variance style. He has made a name for himself in both online and live poker arenas, particularly in high-stakes cash games.

Salvatore Gentile

Salvatore Gentile

ItalyItaly

Salvatore Gentile is an Italian professional poker player known for his consistent success on the European tournament circuit. He has earned recognition for deep runs in major events such as the WSOP and EPT, and is respected for his aggressive and adaptive playing style.

Mats Orstad

Mats Orstad

NorwayNorway

Mats Orstad is a Norwegian professional poker player known for his high-stakes online prowess, particularly in Pot-Limit Omaha and mixed games. He has achieved notable results in live tournaments including the World Series of Poker, but his precise career earnings and bracelet counts are not publicly documented.

Hengyu Sun

Hengyu Sun

United StatesUnited States

Hengyu Sun is an American poker professional recognized for his disciplined approach and solid results in both live and online tournaments. He has steadily built a reputation within the tournament community, particularly through consistent participation in major series held in Las Vegas.

Thomas McTeer

Thomas McTeer

United StatesUnited States

Thomas McTeer is an American poker player known for his consistent tournament performances across major live and online events. His disciplined, fundamentally sound approach has earned him respect among peers in the competitive world of professional poker.

Ricardo Bibat

Ricardo Bibat

United StatesUnited States

Ricardo Bibat is an American poker player known for his disciplined, methodical approach at the tables. While his career has largely flown under the mainstream radar, he has carved a reputation among regulars for consistent, low-variance play.

William Yantis

William Yantis

United StatesUnited States

William Yantis is an American professional poker player known for his aggressive and unconventional style. He gained fame in the online high-stakes community and has been a subject of numerous poker folklore stories. His career is highlighted by notable cash game sessions and a reputation for volatility.

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