Poker: The Complete Guide To Poker – Learn Strategies To Dominate Poker And Texas Hold’em

How does it work?
Consider the following table:
A (mean = 36)
B (mean = 116)
Value
Deviation
Value
Deviation
6
-30
111
-5
24
-12
114
-2
37
1
117
1
49
13
118
2
64
28
120
4

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Which player do you think would have
greater standard deviation? If you
answered A, then you’re right and here’s
why.
The values in the first column are further
away from their mean compared to the
values in column 2 and their dispersion
from their mean. We can’t just calculate
an average of the deviations because
they’ll sum up to zero. To rectify this
issue, we can square each of the
deviations that would eliminate the
minus signs.
Now when you take the mean of the
squared deviations, this is known as
variance. This variance is in fact the
square of the standard deviation and

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thus, 
you 
can 
calculate 
standard
deviation simply by taking the square
root of the calculated value.
Reducing Fluctuations
You can play with a much smaller roll if
you start avoiding marginal situations
that require you to inject extra money
into the pot every time there’s a close
call. If you’re a player who often wins
you’ll get the money back soon, within a
few hours. But in the end, there’s no
right or wrong way to bet your money in
a game of poker. Some people might be
comfortable with playing at a high level
or risk and have their full pockets pay
the price. Others, who aren’t that rich
don’t like taking such high risk.

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So what does this mean for you? Should
you live on the edge or stay within
confined boundaries? As long as you can
compensate your fluctuations with cash,
this is pretty much your choice.
However, keep the following three
points in mind, and it’ll become much
easier for you to decide your position in
a poker game.
-
It is only you and you alone who
can decide the amount of uncertainty
you can handle.
-
If you push for every advantage
irrespective of magnitude, then you’ll
have greater fluctuations compared to
giving away your mean win rate just
so you could attain greater stability.

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-
If you want to increase your win
rate then a larger capital is necessary
when playing poker.