Solid article on variance...

[Kurn]

I remember seeing something written that compared the different skill sin poker that went something like this:

If you think the most important factor in poker is a) the significance of the important decisions, then NL Holdem is the game requiring the most skill, b) the complexity of the important decisions, then LHE is the game requiring the most skill, or c) the frequency of the important decisions, then HiLo declare is the game requiring the most skill.

In limit and no limit, you make your profit differently, so different skills are required. The one thing that is clear, is that for good players, NL has less variance than limit, and HiLo declare games only exist in home games these days.

[JDMcNugent7]

pretty good. It's also pretty safe to conclude when we are losing we think we are playing worse than we really are, and when winning we think we are playing much better than we really are, since our minds are trained to measure and deduce things very quickly from short term variables.

I feel like I have done this a ton lately

[2Tone]

If you think the most important factor in poker is a) the significance of the important decisions, then NL Holdem is the game requiring the most skill, b) the complexity of the important decisions, then LHE is the game requiring the most skill, or c) the frequency of the important decisions, then HiLo declare is the game requiring the most skill.

Again, I'm a big advocate of limit poker. But to say that limit has a greater complexity in making decision than NL seems clearly backwards. Frequency of decisions, sure. But not complexity.

Thoughts on my other question? If the chart is extended, do the two lines get closer together again?

[MAYHEM45]

In theory, yes, but they could also grow infinitely apart. Isn't variance grand?