Variance
A measure a ow wide di result dem spread roun di expected value. High fi straight up, low fi even-money bet.
Inna context
Var pon evry unitmoney mattaUnitDi base stake weh a system or a playa work wid. Dem describe progression inna unit suh dem work at any table.Read di whole ting → = p·W² + (1 − p) − EV². Bout 34 fi a straight upbet demStraight upOne single numba, pay 35:1.Read di whole ting →, bout 1 fi redbet demRedEven-money bet pon di 18 red numba. Inna French: rouge.Read di whole ting →, wid di same expected lossmathsExpected lossExpected value times all di money yuh bet; di average amount yuh lose ova a session or a period (di loss yuh fi expec pon average).Read di whole ting →.
A session a straight-up bet can finish up some hundred dollar while a neighbour weh a bet red finish dung $20, an both playa did have exactly di same house edgemathsHouse edgeDi part a evry stake weh di casino keep pon average: 2.70% inna European roulette.Read di whole ting →.