Hi all
Well, varience has got hold big time, my bankroll is dropping way too quick, even though I am playing at 5%, so its time to take a break and re-evaluate after that, I am not really sure how long the break will last, or whether I will be back at all, or keep popping into the site or not, so, just in case can someone take over the advertising please?
Good luck all
Comments
sometimes its good to step away from things.
ive withdrawn most of my money and will start again trying to build it up again.
can anyone tell me how long it takes to get deposited in your bank account please??
In mathematical terms "variance" is a term used to describe the difference between actual results and the average result.
In poker it is used much more loosely.
Effectively, if you toss a coin you have a 50/50 chance of the result being heads or tails (assuming it doesn't land on its edge). However, this doesn't mean that if you flip a coin twice that you will get one head and one tail (in fact this will only happen 50% of the time given an unbiased coin). It doesn't even mean that if you flip it 100 times that you will get 50 heads and 50 tails. However, over a very large number of tosses, we would expect that the actual results get close to 50/50. The short term difference between the expected results and the actual results is termed "variance" by poker players.
Aw, thanks.
I'm sure that your lecturer would have described variance as the "average squared deviation from the mean" but that's not really relevant to many poker players! :-)
Stay within the forums. I too, am currently trying out other things.
Nothing at all against Sky or the games here, but fancied a change and new personal challenge.
It doesnt stop me having the forum pages open constantly.
Don't suppose Sky are overly chuffed, free forum entertainment and paying no rake to Sky!!
Don't worry Rich, I will be back paying my way in a week or two.
Didn't equate that into your formula did you!!!!!
Fancy not taking all the variables into things!!!
Vince, you must be losing your touch!
Reminded me of the old joke, 2 students discussing what they were to do one evening.
One said let's toss a coin, heads we go to the pub, tails we go to the nightclub and if it lands on it's side,we stay in and study!!
P.S. I am now 1 post away from entering the exclusive '1000' club.
I want to make it memorable. Any ideas what I should spend it on???
do a big `my poker story`, post. how u started, br swings, biggest wins/losses, where u hope to be in 5yrs etc. those posts are always a good read.
as for bazza, you`l be back. they ALWAYS come back. gl
Barry, it's very brave, & wise, to take a break when you are running bad. I admire you immensely for it.
But do try & hang around the Forums & the Rail, you are furniture here, & it would not be the same without you.
Take care bud.
!!!
In the break I realised I played both situations right but was subject to evil luck, if I didn't take the break I would have done a lot more harm. You have to have breaks Barry if the cards arn't goin your way, hope the luck changes when you return.