

Poker Pro Sergi Reixach Warns About High-Variance Risks in Large Tournaments
Poker player Sergi Reixach uses a simulator to analyze the impact of variance when increasing stakes and reducing ROI. Large-field tournaments can be tempting but also have high variance.
Gambling higher stakes without understanding the impact on winrate and downswings is a common mistake. Sergi Reixach explains the impact of lower ROI on the stability of results and the severity of downswings. He shows how changing stakes and ROI affects the outcomes through various examples with fictional players.
The session is available for Cum Laude subscribers.
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Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
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