Common comparison error
Demo execution included in Variance cannot establish live payout, latency, withdrawal, or Loss limit behavior.
GlossaryStrategy & risk
Variance
A statistical measure of how widely outcomes vary around their average. Similar averages can produce very different loss sequences.
Practical use
How to verify Variance
Read Variance together with Expected value, Loss limit, Affordability. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
A strong Variance weakens when payout falls from 85% to 70%. Reporting both cases prevents the selected rate from hiding its effect on Expected value. The evidence must resolve the defining Variance boundary: outcomes with the same mean can have materially different dispersion and loss sequences.
Evidence path
Where to verify Variance
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.