Running a hand twice to reduce your poker variance – the video from an episode of High Stakes Poker shows the real life benefits of reducing your poker variance in cash games by running a hand twice or thrice.
Patrik Antonius is clear favourite to win the hand, a 77% favourite on the turn with only 1 card to come. Antonius agrees to run the hand not once, not twice but 3 times! Fortune favours the brave, the poker battle and bad beat weary, those who try to reduce their poker variance and also help out a fellow poker player.
In this High Stakes Poker episode the poker pro ideas behind reducing your variance and insuring your bankroll are seen. The total pot is split into 3 parts to represent the 3 times it will be run, thats about $250,000 for each river card dealt. Patrik Antonius loses the first hand when Jamie Gold hits a full house. If Patrik Antonius had not agreed to reduce his variance then he would have lost the whole pot and won nothing!
The 2nd time the hand is run and the river dealt Jamie Gold hits another full house so wins the hand again! If Patrik Antonius had agreed to run it the normal twice he would have still won nothing. On the third time the hand is run Patrik Antonius wins the hand and so has reduced his cash game variance and insured his cash game bankroll by winning $250,000 of the pot.