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Variance and its relation to the casino.
But many players can not understand in any way for what reasons some are more lucky in the game, while others are not lucky at all. Fortune does not always go next to the lucky lucky ones, and there is a special explanation for it, based on logic and specifics. All this is called by one term variance.
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The very concept of variance is closely intertwined with probability theory – it is a deviation in mathematical calculations, and a deviation from a pre-calculated algorithm, the probable expectation of a certain event. For a better understanding, let's analyze the examples.
for example, you tossed a coin twice, and then it can fall once with heads, the second with tails, although it is possible - it can fall both times on heads or tails.
another example is a lottery. Here, each player chooses a set of numbers that, in his opinion, should bring a win. And accordingly, the player gets one out of 70 million chances for a jackpot of 70,000,000. But there is no chance of winning if the dysplasia is more than 50,000,000.
The presented options clearly show that the variance indicates the chances themselves and the probability of an expected win. If this indicator is low, the player can expect to receive his winnings from his returns, and the flow itself can go in both directions, positive / negative equally.
If we talk about slot machines, their level of variance in a particular slot of a gambling house will help you choose which one to play on. If you want to hit a huge jackpot, but at the same time you are ready to lose often, choose lots with a high variance. And accordingly, if you want to have modest prizes, choose lots with a low level of diversion.
