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    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.

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