Created by LawDude on August 5, 2009
Definition
An agreement among players to deal the remaining cards twice (or more than twice, i.e., running it 3 times, 4 times, etc.), in order to reduce variance. This is generally prohibited in most casinos but is sometimes done in high stakes games.
Example
Player 1 is all-in with top pair on the flop. Player 2 has an open-ended straight flush draw and has called player 1's all in. The players agree to run the hand twice, i.e., to deal 2 separate turns and rivers, with the players splitting the pot if one player wins one hand and the other player wins the other. This reduces the variance that can occur when a huge pot is run once on an "all or nothing" basis.
References
https://flopturnriver.com/poker/running-twice-ultimate-guide-24856
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