Can someone explain this graph?

Can someone explain this graph:

Standard variance

btw if you won 10bb/100 over 500k hands you shoulda moved up months ago

if you are a 10bb/100 winner over 500k you should know about variance already. thats standardvariance as metza says. nothing special. Believe me ive tried worse. your lucky you are in + still basically. It can get A LOT worse.

I agree with metza

Just because you had a +15BI day, don't expect it to be everyday like that. It's not how poker works.

Yeah, standard variance. Guess I will have to go with that. Now that I played a bit with variance calculator I can see it's possible although not very likely.

But having extreme upswing and right after that extreme downswing makes you question some things...
Anyway, enough of me rambling and whining gotta hit those tables again.

Thx all for the replies and maybe moderators can move this thread in bad beats/variance section as I can't seem to find it.

Peace

I'd say, too, that is variance.

Originally posted by XandreW36
But having extreme upswing and right after that extreme downswing makes you question some things...

All it tells to me is that you ran super hot then poker variance took back what wasn't your, from an equity point of view.

Originally posted by Zanardi1
I'd say, too, that is variance.

Originally posted by XandreW36
But having extreme upswing and right after that extreme downswing makes you question some things...

All it tells to me is that you ran super hot then poker variance took back what wasn't your, from an equity point of view.

But it doesn't work like that. Every hand is a new hand. Past results have absolutely no impact on variance or how well you'll continue to run. Right?

Maybe I should've bought a lottery ticket instead of grinding last two days as I feel like the probability of winning a ticket is almost the same as this swing that happened.

Originally posted by XandreW36
But it doesn't work like that.

OK. How does it work?

Originally posted by Zanardi1
I'd say, too, that is variance.

Originally posted by XandreW36
But having extreme upswing and right after that extreme downswing makes you question some things...

All it tells to me is that you ran super hot then poker variance took back what wasn't your, from an equity point of view.

That's like the dumbest thing I've heard relating to variance. Variance (or even cards, as it is related to poker) has no memory. Therefore each new hand doesn't get influenced by past results. Just because you run good X amount of hands it DOESN'T mean that you should run bad the next Y amount of hands. Variance is a continuous process that has no balance.

Variance doesn't. It is correct what you say. However, probabilities have their own laws which will be obeyed on the long term.

All it tells to me is that you ran super hot then poker variance took back what wasn't your, from an equity point of view.

I wouldn't say it's the dumbest thing you heard

Yes this could be worse, you could be 20 buyins under ev and -15 buyins like I am at the moment

Yea I know what it feels like.. Couple of coolers and bad beats + a few bad palys -> -6bin in 1k hands.

my friend is 100BI below EV in husng hypers that sucks. $2000 difference so hes pretty tired of variance