Variance and Tilt — Managing Emotions in Betting
Variance means randomness — streaks of wins or losses that don’t always reflect skill. Tilt happens when emotions take over after swings, leading to poor decisions. Learning to manage both is essential for long-term discipline.
Key takeaways
- Variance: inevitable swings, both positive and negative, are part of betting.
- Tilt: emotional reactions to variance often cause bankroll damage.
- Prevention: set rules, take breaks, and avoid impulsive wagers.
- Mindset: focus on long-term edges, not short-term outcomes.