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Although that is the scenario, the variance and volatility for different gamble can be distinct. Alternative and volatility more or less mean the same for our purposes, plus it refers to how often you happen to be going to expertise major swings in victories and cutbacks. Utilising the roulette instance, a straight-up wager for $5 is going to possess the identical expected value being a wager on reddish for $5, nevertheless the straight-up wager may have a bigger variance (and volatility), download casino games in Alabama.
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