Glossary
Variance
Betting glossary: Variance.
01
What is variance?
Xtabet uses variance in several of our own model outputs — knowing what the term means will make our predictions and analytics far easier to read.
02
Why variance matters
For any bettor moving past pure recreation, variance is a concept you’ll see referenced by tipsters, sportsbooks and betting exchanges alike. Getting comfortable with it early saves money later.
