Originally Posted by slingshot View Post
Originally Posted by arcimede$ View Post
Yes, but the losing sessions will average higher losses which completely cancel out the winnings. Over time this nets out to the EV of the play. The big difference is the variance. The variance goes sky high which means the spread of results will be greater.
Yes, if you think you HAVE to play ALL the sessions on a visit.By having a short term win goal and having a loss limit, the variance is much lower.
No, the mathematical variance is not based on the number of visits. It is based on the game and strategy used. You are probably thinking of your own ups and downs which are partly based on variance and partially just random.