How high is the Variance for SnG's?
by shakin65
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Introduction
In this article- How high is the variance?
- Four examples of variance
Variance is an expression often used in relation to downswings. It's a synonym for the longer-term appearance of the improbable, the apparent deviation from the probabilities.
Especially with SnG's, you often hear the question: How high is the variance? This is the question with which the following article will deal. As benchmark, we'll use the ROI (Return on Investment). It shows in four definite examples what kind of variance you could be faced with, while having a given ROI and sample size.
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