The Ins and Outs of Game|volatility and variance
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Quentin 0 Comments 1 Views 25-06-15 00:17본문
First and foremost, let's start with understanding what volatility is. Volatility in the context of games refers to the frequency and size of wins and losses. A game with high volatility will pay out large sums of money rarely, while a game with low volatility will pay out smaller sums of money more often. In other words, if you're playing a high-volatility game, you might win big sometimes, but you'll also lose big at other times. On the other hand, if you're playing a low-uncertainty game, you can expect smaller, more consistent returns.
Now, let's move on to uncertainty. Uncertainty is the other side of the coin refers to the unpredictability of a game's results. A game with high variance will produce large swings in your bankroll, whether it's due to a single big victory or a series of losses. This can make it difficult for players to manage their budgets and set realistic expectations.
The relationship between uncertainty and unpredictability is quite straightforward: high-uncertain games tend to have higher variance as well. This is because high-volatility games are designed to produce large payouts, which comes with a lot of risk. However, it's essential to remember that uncertainty and unpredictability are not the same thing. A game can have high volatility but low variance, or vice versa.
For example, consider a slot machine with a high volatility and low uncertainty. While the machine may not pay out as often, the payouts will still be relatively predictable, and you can expect to win around 90% of the time. On the other hand, a high-unpredictable game may pay out rarely, but when it does, the payouts can be transformative.
So, how can you use this knowledge to your benefit? Here are a few tips to keep in mind:
- Be aware of your limitations: If you're playing a high-volatility game, don't expect to win big every time. You should be prepared for the possibility of losing big as well.
- Manage your bankroll: This is essential when playing games with high uncertainty. You should set a budget and stick to it, and be prepared to walk away if your pocketbook takes a hit.
- Pick carefully: If you're looking for consistent wins, choose games with low volatility and low variance. If you're looking for the possibility of winning big, choose games with high volatility and high variance.
- Pay attention to results: Pay attention to the game's outcomes and adjust your strategy accordingly. If a game is producing large swings, it may be time to switch to a different game.
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