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A good game theory bot built using current techniques played against a state-of-the-art opponent modeller will crush the opponent-modeller, even over hundreds of thousands of hands. The UofA learnt this the hard way after their bot Poki-X (a combination game-theory/opponent-modeller bot) was defeated in a very public competition by another bot, and then by a well known pro, so in the recent AAAI pokerbot competition they just mixed two game-theory bots rather than even try to exploit its opponent. And they won, convincingly.
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Not sure what you're (mis)reading, but according to this report, UofA
won at AAAI '06, they didn't lose. (Edit: Ah, I reread to see you reference Poki, which is a model that's a few years old now.)
Both your post, and the following post are claiming facts without evidence. I cited my evidence. Please cite yours to refute what I've said. Thanks!
UofA main poker page.
AAAI 2006 results page, showing UofA's Hyperborean CRUSHING the opponents.
UofA and AAAI on youtube.