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Old 01-15-2007, 10:39 AM
Gobgogbog Gobgogbog is offline
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Join Date: Sep 2005
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Default Re: Balancing Bluffs vs Balancing Strategy

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David,

It bothers me a little when you say "It might be better to play a hand differently almost every time from the way it should be played if it was the last hand of your life. For the sake of future hands. "

Game theoretically you should play the hand unpredictably if it's the last hand of your life as well. The reasoning has nothing to do with future hands.

Is this just an effective way of explaining game theory to people that you use because it's effective even though it isn't correct?

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It is correct. There is a difference between mixing up your play to optimize the value of that particular hand and mixing up your play to maximize the value of all your hands.

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Can you give an example simpler than poker where the game theoretic correct strategy is different for the last game you play than any game previous?
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