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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.

By Joseph Orduna·Reviewed April 6, 2026·How this works
Formula:Expected Value = (Win Rate / 100) × Hands

For mathematical education only. This tool computes probabilities and expected values; it is not a betting system and cannot predict individual outcomes.

If gambling is causing problems for you or someone you know, call the National Problem Gambling Helpline: 1-800-GAMBLER (1-800-522-4700), or visit ncpgambling.org.

How these calculators are built →

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.

How this works

Calculations follow the published mathematics of the game — combinatorics for cards, probability theory for dice, and expected-value accounting for wagers. Results are verified against independent references (primarily Wizard of Odds). No calculation here is an opinion or recommendation; it is arithmetic applied to the rules of the game.

What this tool can’t do

When to consult a professional

This tool computes probability and expected value. It is not a betting system and cannot predict the outcome of any individual wager. If gambling is causing problems for you or someone you know, call the National Problem Gambling Helpline at 1-800-GAMBLER.

Sources

  1. [1]
    Wizard of Odds — Michael Shackleford, ASA
    Industry·wizardofodds.com·Accessed Apr 21, 2026

    Actuary; widely cited casino-game probability reference. Used for house-edge and EV verification.

  2. [2]
    National Council on Problem Gambling
    Official source·ncpgambling.org·Accessed Apr 21, 2026

    Responsible-gambling guidance and 1-800-GAMBLER helpline.

For mathematical education only

This tool computes probabilities and expected values. It is not a betting system and cannot predict individual outcomes. If gambling is causing problems for you or someone you know, call the National Problem Gambling Helpline at 1-800-GAMBLER (1-800-522-4700).

National Council on Problem Gambling →

Joseph Orduna
Joseph OrdunaFounder & Software Engineer

Full-stack software engineer specializing in embedded systems, web architecture, and AI/ML. Founder of Practical Web Tools. Built the gesture-controlled drone IP acquired by KD Interactive (Aura Drone, sold on Amazon).

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