Why Practice At Home? Statistical Variance, Thats Why

[Spike]

Variance is: "A measure of the spread of a statistical distribution about its mean or center. The distribution of your results over a set of sessions, or the swings in a positive or negative direction."

How will you know whats going on with your play unless you practice? If you don't know what the variance for your system is, how can you go to the casino with any confidence.

In practice you learn what to expect without wagering any real money. You get to see your system at its worst and at its best. The more you practice, the better you get at playing your game.

There are some that believe you should play your game as much as humanly possible, in the casino and out. Its all one big session, whether you're at the table or using your wheel at home. A session in the casino is just an extension of a practice session at home, you know what to expect and are never surprised at the results. How many players do this? Not many.

If in practice you get huge swings of wins and losses, why would you want to play that for real money? Keep searching for a method that has tight variance under most conditions, otherwise save your money for something more worthwhile, like a boat or hard drugs. Stay away from the casinos.

[Mr J]

I agree for the most part Spike. I did a thread at GG a while back on some of what you stated. I would rather "screw up" at home for free, then to do it live and lose 3K   Ken >>> nolinks://nolinks.gamblersglen.com/cgi-bin/teemz/teemz.cgi?board=_master&action=opentopic&topic=7922&forum=Roulette_Message_Board

[VLSroulette]

If in practice you get huge swings of wins and losses, why would you want to play that for real money? Keep searching for a method that has tight variance under most conditions,

I think what Spike means is your personal variance chart should look like:



And you should avoid systems with drawdowns that go like:



Think I got that right, right?
Victor

[VLSroulette]

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