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    This variance calculator and simulator for poker is handy and easy to use. Just enter

    your winrate, standard deviation and 💶 the number of hands to simulate. You’ll most

    certainly get insightful results. Read below how to use this simulator.

    Enter Game

    💶 Parameters Winrate in BB / 100 Observed winrate in BB / 100 (optional) Standard

    deviation Examples for standard deviations NLH 💶 full ring: 60-80 BB/100 NLH 6-max:

    75-120 BB/100 PLO full ring: 100-140 BB/100 PLO 6-max: 120-160 BB/100 stat can be 💶 found

    in PokerTracker or HEM Number of hands Calculate 20 samples and confidence intervals

    Hit "Calculate"! EV, confidence intervals and 💶 samples in BB, Best / Worst: Best and

    worst run out of 1000 trials EV, confidence intervals and samples in 💶 BB, Best / Worst:

    Best and worst run out of 1000 trials Variance in numbers Detailed sample with

    downswings Hands: 💶 1.0 Million hands Winnings in BB on right axis, current downswing in

    BB on left axis. Depending on the number 💶 of hands displayed, the extent and number of

    downswings may be underrepresented due to the resolution of the graph. Winnings 💶 in BB

    on right axis, current downswing in BB on left axis. Depending on the number of hands

    displayed, the 💶 extent and number of downswings may be underrepresented due to the

    resolution of the graph. Downswings in numbers

    How to use 💶 my Poker Variance

    Calculator?

    This section will explain how the calculator works and what the numbers and

    charts mean.

    Enter the data 💶 Settings Hop over to the Variance Calculator page and enter

    your win rate, standard deviation, and the number of hands 💶 you want to simulate. You

    can ignore the field observed win rate, we’ll get to its purpose later. Once you 💶 have

    entered the data, hit Calculate and let the Calculator do its magic.

    Twenty samples

    Variance Calculator Samples The first thing 💶 the Variance Calculator does is to run 20

    samples over the number of hands, win rate and standard deviation specified. 💶 It’ll also

    calculate the expected winnings over the number of hands. This number will appear as a

    rather boring straight 💶 and black line in the graph. Thirdly the calculator displays the

    70% and 95% confidence intervals as light and dark 💶 green curves. What you need to know

    about them is that at any given time your winnings will be within 💶 these intervals with

    a probability of 70% and 95% respectively. They basically show, how much variance you

    should expect to 💶 see.

    Variance in numbers

    Below the first chart, the Variance

    Calculator compiles a neat list of additional information:

    EV : win rate entered

    💶 above

    : win rate entered above Standard deviation : standard deviation entered above

    :

    standard deviation entered above Hands : number of 💶 hands entered above

    : number of

    hands entered above Expected winnings : estimated winnings over the simulated amount of

    hands

    : estimated 💶 winnings over the simulated amount of hands Standard deviation after

    X hands : This number shows how much your actual 💶 results will differ from the expected

    results on average. The first number shows the absolute value and the second translates

    💶 this number into BB/100, showing the impact on your win rate.

    : This number shows how

    much your actual results will 💶 differ from the expected results on average. The first

    number shows the absolute value and the second translates this number 💶 into BB/100,

    showing the impact on your win rate. 70% confidence interval : Your actual results over

    the simulated amount 💶 of hands will be within this interval 70% of the time. The first

    interval shows absolute numbers and the second 💶 translates those into BB/100, showing

    the 70% confidence interval for your win rate.

    : Your actual results over the simulated

    amount 💶 of hands will be within this interval 70% of the time. The first interval shows

    absolute numbers and the second 💶 translates those into BB/100, showing the 70%

    confidence interval for your win rate. 95% confidence interval : Same as the 💶 above with

    95% certainty. Meaning: 19 out of 20 times your actual winnings will be within this

    interval.

    : Same as 💶 the above with 95% certainty. Meaning: 19 out of 20 times your

    actual winnings will be within this interval. Probability 💶 of loss after X hands : the

    probability that you will experience negative winnings (meaning: losses) over the

    number of 💶 hands.

    : the probability that you will experience negative winnings (meaning:

    losses) over the number of hands. Probability of running at 💶 or above observed win rate

    … : If you entered an observed win rate, this number will show you the 💶 probability that

    you will experience a run at or above this win rate over the number of hands.

    : If you

    💶 entered an observed win rate, this number will show you the probability that you will

    experience a run at or 💶 above this win rate over the number of hands. Probability of

    running below observed win rate … : Same as 💶 above – the probability that you will

    experience a run below the observed win rate over the number of hands.

    : 💶 Same as above

    – the probability that you will experience a run below the observed win rate over the

    number 💶 of hands. Minimum bankroll for less than 5% risk of ruin: the bankroll needed to

    have a risk of ruin 💶 of less than 5%

    Detailed sample with downswing

    Variance Calculator

    Downswing Samples

    This chart simulates a single run over 100 thousand up to 💶 10 million

    hands with the win rate and standard deviation entered above. You can choose how many

    hands to simulate 💶 by moving the slider.

    Apart from showing a single sample, this graph

    also shows some insightful information about downswings. The red 💶 area shows for any

    given point, how much the sample is currently away from its previous peak, meaning it

    tracks 💶 downswings. This chart uses two vertical axes. While the sample winnings have

    their scale on the right axis, the downswing 💶 tracker has its scale on the left axis. In

    this example, the simulated player ended up with winnings over 25,000 💶 big blinds after

    2.5 million hands but had to deal with a nasty downswing of almost 10,000 big blinds

    between 💶 hand 1.2 million and hand 2 million.

    Downswings in numbers

    The last section of

    the Variance Calculator sheds some more light on 💶 potential downswings. Therefore 100

    million hands are simulated and all downswings over this simulation are tracked. The

    first table shows 💶 the extent of the downswings. It shows how often the simulated player

    was stuck in a downswing of at least 💶 X big blinds. For example (1000+ BB – 31.77%)

    means the player was in the middle of a downswing of 💶 at least 1,000 big blinds 31.77

    percent of the time.

    The second table shows how long downswings last on average. For

    💶 example (50000+ Hands – 15.81%) means the simulated player was in a downswing over at

    least 50,000 hands 15.81 percent 💶 of the time. For the purpose of these calculations, a

    downswing is defined as any period where the current total 💶 winnings are below the

    maximum previous total winnings. Meaning, that by this definition a downswing is not

    over until the 💶 player has fully recovered his losses.

    In general, these simulations

    underestimate the extent of downswings, but the numbers should still give 💶 you a decent

    idea of the vastness of downswings you should expect.

    Should you have any questions,

    encounter any errors or 💶 have ideas for improvements, please let me know.

    » Tournament

    Variance Calculator

    » Examples and Impacts of Variance in Cash Games

    » ICM 💶 Calculator

    »

    Online poker casinos in New Zealand: Overview

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