What Is Variance in Poker?
The spread of outcomes around an expected result.
Sign in to save this term ↗What it means
Short samples can swing widely even when decision quality stays the same.
A practical example
A profitable tournament player may lose across many events before a deep run.
A common misconception
A downswing alone cannot prove that strategy is sound or unsound.
Where you will hear it
Texas Hold’em, Omaha where applicable. The exact usage can vary with rules and context.
Related concepts
Published 2026-10-15 · Updated 2026-10-15 · Flawless Poker Cosmic Codex
