Biasing often adjusts the current at a single point.
I’ve never seen an AR REF750 schematic, so can’t comment on the efficacy of the bias adjustment as tubes on each OPT leg age. AR had very clever engineers so it’s likely very good. The REF 750 Service Manual is available on HiFi Engine, so it’s worth getting if you don’t have it. It details the biasing procedure.
General Info for tube power amp owners:
Tubes that don’t have the same Gm at various points, conduct differently and may increase distortion. Many tube amps have a single bias pot for multiple tubes and this may severely compromise performance.
See Transconductance - Wikipedia & Matching by Gm or Ip? - The Amp Garage