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Poker Variance Calculator

Calculate expected profit ranges and confidence intervals based on your win rate, standard deviation, and sample size to understand your realistic outcomes.

Formula:Expected Value = (Win Rate / 100) × Hands

Your expected win rate in big blinds per 100 hands

Typical range: 60-120 BB/100 for cash games

Sample size for variance calculation

For converting results to currency (optional)

Try These Examples

Quick-start with common scenarios

Bankroll Simulator

Monte Carlo simulation with 1,000 iterations

$

Your initial capital

%

Your expected advantage

%

Percentage of bankroll per bet

Total bets to simulate

How Poker Variance Works

Variance in poker measures how far your actual results can deviate from your expected results. Even with a positive win rate, short-term results are dominated by luck.

Standard Deviation (SD) quantifies your variance. With a win rate of $10/hr and SD of $80/hr, about 68% of your 100-hour samples will fall between$10 × 100 ± $80 × √100 = $1000 ± $800.

Sample size matters enormously. At 10,000 hands, a 5 BB/100 winner has about a 30% chance of being down money. At 100,000 hands, this drops to ~5%. Professional conclusions require 200,000+ hands.

Confidence intervals tell you the range where your results should fall:

  • 68% of results fall within ±1 standard deviation
  • 95% of results fall within ±2 standard deviations
  • 99.7% of results fall within ±3 standard deviations

Frequently Asked Questions

What is variance in poker?

Variance measures how much your actual results deviate from expected results. Even if you're a winning player averaging $25/hour, you might have sessions losing $500 or winning $800 due to variance.

What is standard deviation in poker?

Standard deviation (SD) measures the spread of your results. A typical cash game player has SD of 70-90 BB/100. Higher SD means more swings. About 68% of your samples will fall within ±1 SD of your expected value.

How many hands do I need to beat variance?

You never fully 'beat' variance, but at 100,000+ hands your results become statistically significant. At 30,000 hands, confidence intervals are still very wide. Professional conclusions require 200,000+ hand samples.

Why are my results so different from my expected win rate?

That's variance in action. A player winning at 5 BB/100 might actually be down 20+ buyins after 50,000 hands and still be running normally. The confidence intervals show the realistic range of outcomes.

Does playing style affect variance?

Yes. Tight-aggressive styles have lower variance (SD ~70 BB/100). Loose-aggressive styles and players who bluff frequently have higher variance (SD ~100+ BB/100). Tournament players face extreme variance.