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Originally Posted by phunkphish
If there is one mega fish in a 3 handed game, the other two players will have a HUGE Edge. Their -EV flows to only one of 2 people instead of many more. Because the fish folds so much, this REDUCES variance. You will consistently steal a lot of small pots, see fewer showdowns, get rivered less, and better pot control when fish does play a hand.
It's still not really clear what kind of fish this is. If his biggest problem is playing too tight 3 handed, I would leave. Also, steveistheman84 didn't mention anything about this, but you should really consider other games that are available and what game will provide the most $/hr. It's quite common for a lower stakes game to be more profitable.
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The only way variance is high is if you are comparing 3handed to 9 handed.
Yes, that is what I am comparing it to.
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The numbers of hours you play is IRRELEVANT as long as you practice proper bankroll management. Players should not be afraid of variance If the EV is positive, especially this good.
Sorry that this probably doesn't relate to the OP, but I think this topic would make for some good discussion. I know it's "all one big session" and you shouldn't worry about how you are doing in one hour, one day or maybe even one year. But it does start to matter after more time goes on. I find the one year period interesting because many poker players probably track their stats that way. Psychologically, we want that one year stretch to look good. If a winning, high volume player can have a losing year, then it's even more likely that a winning, low volume player will have a losing year. Maybe that doesn't affect you psychologically, but it's probably bad for taxes.
Another problem that relates to the original post is that with low volume, you may never really know if you are a true winner. How long would you play in a game where you thought you were a winner, but were losing?
TLDR: I don't think you should play high variance games if you can't put in high volume. Flame away.