er well... variance is a little bigger in limit. It depends how you define variance but most take variance to mean the variance after you've played 50k hands or so. In which case NL has a lower variance.On a hand by hand basis (short term) clearly NL has greater "variance" - but statistically this isnt as meaningful.
However its this short term "non-statistically" significant variance that hurts
...
Mathematically variance in NL (as expressed in terms of standard deviation) is not rigorous over small (<100k hands) . This is because the distribution is not Normal (bell shaped) for this degree of sampling. This is because there is a tendancy in NL to bounce between "+/- stack size" where as in limit you make loads of "random " +/- Blind sized bets about a mean and the central limit theorem drives it towards the Gaussian more rapidly.
have I bored you enough???
No-limit is a great poker game. BUT you must be a No-limit player. Try them both for 20k hands and see which one you can live with. Learning two games will also improve your final choice...
There is very little shame in being a limit player ..well not much shame anyway....
