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The Mathematics of Poker
I'm pleased to announce that The Mathematics of Poker by Bill Chen and Jerrod Ankenman has gone to the printer today. If the printer keeps to schedule the book should be ready for shipment on or about Monday, November 27. You can order it through the order form accessible through the left column for $29.95 or you can pay less at Amazon.
Here's what David Sklansky says about The Mathematics of Poker: For those who think poker math is only about probability, pot odds, and straightforward, rote play, think again. Bill Chen and Jerrod Ankenman do a terrific job explaining how math can, among other things, show you exactly how to mix up your play in such a way that even champion players cannot get the best of you. Especially those who don’t read this book. From the back cover: Thirty years ago the bond and option markets were dominated by traders who had learned their craft by experience. By the mid-1990s the old school grizzled traders had been replaced by a new breed of quantitative analysts, applying mathematics to the “art” of trading and making of it a science. A similar phenomenon is happening in poker. The grizzled “road gamblers” are being replaced by a new generation of players who have challenged many of the assumptions that underlie traditional approaches to the game. One of the most important features of this new approach is a reliance on quantitative analysis and the application of mathematics to the game. This book provides an introduction to quantitative techniques as applied to poker and to a branch of mathematics that is particularly applicable to poker, game theory, in a manner that makes seemingly difficult topics accessible to players without a strong mathematical background. |
Re: The Mathematics of Poker
What mathematical aspects of poker are covered?
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Re: The Mathematics of Poker
theres mathematics in poker?
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Re: The Mathematics of Poker
The book definitely sounds promising.
Looking forward to it and thanks for the good news that it will be ready soon. |
Re: The Mathematics of Poker
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What mathematical aspects of poker are covered? [/ QUOTE ] The book is divided into 5 parts: I) Basics Covers basic probability and statistical concepts, as well as Bayes' theorem, inference from observed data. II) Exploitive play Covers odds, reading hands, reading strategies, a little bit about data mining, playing accurately in cards exposed situations, hand vs distribution situations, and distribution vs distribution situations. III) Optimal play Introduces game theory, concept of the nemesis, and then solves many different poker-like toy games. Concepts touched on by these toy games are: --Jam-or-fold (contains solution to HU JoF NL holdem) --betting and bluffing ratios --card removal (AKQ game) --NL bet sizing --all manner of [0,1] games --multi-street games without draws - bet sizing across multiple streets --multi-street games with open and closed draws - also exposed hand vs known distribution play on turn and river. IV) Risk Covers risk of ruin calculations, also risk of ruin based on a sample (includes the uncertainty of the win rate). Covers Kelly utility, game selection (CE choice of limits), portfolio theory, and backing agreements. V) Other Topics Covers tournaments, both necessary adjustments (based on the theory of doubling up) and also statistical inference based on tournament payout structures and results. Covers multiplayer games, collusive alliances, and so on. --jerrod |
Re: The Mathematics of Poker
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What mathematical aspects of poker are covered? [/ QUOTE ] 2 [img]/images/graemlins/diamond.gif[/img] + 2 [img]/images/graemlins/club.gif[/img] = 4 [img]/images/graemlins/heart.gif[/img] |
Re: The Mathematics of Poker
This sounds very timely. For all the qualities of many of the poker books on the market today, including those published by Two Plus Two, they are lacking in sophisticated mathematical and logical proof of the concepts they present. Most books are popular works, and leave out the "academic" material, or greatly simplify it to make sure that understanding it requires no mathematical background. What I'm hoping to see is something that can stand next to Griffin's The Theory of Blackjack, and Epstein's The Theory of Gambling and Statistical Logic. While some good material on poker mathematics has been developed, until now it's been scattered and hard to find.
Maybe this will even help to settle some of the debates now raging. |
Re: The Mathematics of Poker
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[ QUOTE ] What mathematical aspects of poker are covered? [/ QUOTE ] The book is divided into 5 parts: I) Basics Covers basic probability and statistical concepts, as well as Bayes' theorem, inference from observed data. II) Exploitive play Covers odds, reading hands, reading strategies, a little bit about data mining, playing accurately in cards exposed situations, hand vs distribution situations, and distribution vs distribution situations. III) Optimal play Introduces game theory, concept of the nemesis, and then solves many different poker-like toy games. Concepts touched on by these toy games are: --Jam-or-fold (contains solution to HU JoF NL holdem) --betting and bluffing ratios --card removal (AKQ game) --NL bet sizing --all manner of [0,1] games --multi-street games without draws - bet sizing across multiple streets --multi-street games with open and closed draws - also exposed hand vs known distribution play on turn and river. IV) Risk Covers risk of ruin calculations, also risk of ruin based on a sample (includes the uncertainty of the win rate). Covers Kelly utility, game selection (CE choice of limits), portfolio theory, and backing agreements. V) Other Topics Covers tournaments, both necessary adjustments (based on the theory of doubling up) and also statistical inference based on tournament payout structures and results. Covers multiplayer games, collusive alliances, and so on. --jerrod [/ QUOTE ] Looking foward to it, jerrod. |
Re: The Mathematics of Poker
[ QUOTE ]
[ QUOTE ] What mathematical aspects of poker are covered? [/ QUOTE ] The book is divided into 5 parts: I) Basics Covers basic probability and statistical concepts, as well as Bayes' theorem, inference from observed data. II) Exploitive play Covers odds, reading hands, reading strategies, a little bit about data mining, playing accurately in cards exposed situations, hand vs distribution situations, and distribution vs distribution situations. III) Optimal play Introduces game theory, concept of the nemesis, and then solves many different poker-like toy games. Concepts touched on by these toy games are: --Jam-or-fold (contains solution to HU JoF NL holdem) --betting and bluffing ratios --card removal (AKQ game) --NL bet sizing --all manner of [0,1] games --multi-street games without draws - bet sizing across multiple streets --multi-street games with open and closed draws - also exposed hand vs known distribution play on turn and river. IV) Risk Covers risk of ruin calculations, also risk of ruin based on a sample (includes the uncertainty of the win rate). Covers Kelly utility, game selection (CE choice of limits), portfolio theory, and backing agreements. V) Other Topics Covers tournaments, both necessary adjustments (based on the theory of doubling up) and also statistical inference based on tournament payout structures and results. Covers multiplayer games, collusive alliances, and so on. --jerrod [/ QUOTE ] nice, and represent Avon, CT. my hometown. |
Re: The Mathematics of Poker
Is this specifically holdem math oriented or does it cover other games too?
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Re: The Mathematics of Poker
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Is this specifically holdem math oriented or does it cover other games too? [/ QUOTE ] e.g. how do you play 0.8746284765928 facing a reraise.... |
Re: The Mathematics of Poker
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[ QUOTE ] Is this specifically holdem math oriented or does it cover other games too? [/ QUOTE ] e.g. how do you play 0.8746284765928 facing a reraise.... [/ QUOTE ] It depends. [img]/images/graemlins/cool.gif[/img] |
Re: The Mathematics of Poker
The funny thing about Hold'em is that once you see the flop and don't hit the nuts, you don't know what number your hand has.
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Re: The Mathematics of Poker
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It depends. [/ QUOTE ] The thing it doesnt. But you need to read the book [img]/images/graemlins/wink.gif[/img] |
Re: The Mathematics of Poker
Wow, just wow- if this book is anything less than amazing and elightening (even to the highest stakes players) I will be surprised- cannot wait to read this. I will soon be dropping words into conversations at my home game people didnt even know existed.
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Re: The Mathematics of Poker
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I will soon be dropping words into conversations at my home game people didnt even know existed. [/ QUOTE ] And that's all that matters. |
Re: The Mathematics of Poker
Will this book help you adjust the math for games and opponents where you have much less fold equity? Seems like a lot of 2+2 books are written for games where people can actually lay down a hand (sometimes) and have an actual stake in the game.
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Re: The Mathematics of Poker
Is this a hold em book or a more general poker theory book?
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Re: The Mathematics of Poker
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The funny thing about Hold'em is that once you see the flop and don't hit the nuts, you don't know what number your hand has. [/ QUOTE ] Have to correct myself here. In fact, you do know what number your hand has. The problem is that there are way too many cases to keep track of. Second pair on a board with 2 cards of the same suit, a possible gutshot and three possible overcards is...whatever.. |
Re: The Mathematics of Poker
You should almost always fold if you can - in our [0,1] games 0 is the nuts.
:P -jerrod |
Re: The Mathematics of Poker
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Is this a hold em book or a more general poker theory book? [/ QUOTE ] It's intentionally not a book about any particular game, instead discussing general concepts and illustrating them with examples from specific games. We provide very little specific advice about how to play XYZ hand. --jerrod |
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Re: The Mathematics of Poker
the cover looks like a copy of NLHTP with better centering of the words on the cover. NLHTP's cover had a problem with the words being too far to the left.
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Re: The Mathematics of Poker
This is the book I've most looked forward to getting. But I am a maths geek, so that's no surprise.
[img]/images/graemlins/grin.gif[/img] |
Re: The Mathematics of Poker
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the cover looks like a copy of NLHTP with better centering of the words on the cover. NLHTP's cover had a problem with the words being too far to the left. [/ QUOTE ] With El Chinaman plastic chips. |
Re: The Mathematics of Poker
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With El Chinaman plastic chips. [/ QUOTE ] haha, That's the first thing I thought. |
Re: The Mathematics of Poker
Anyone got their copy yet? Still waiting for amazon to send mine.
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Re: The Mathematics of Poker
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If the printer keeps to schedule the book should be ready for shipment on or about Monday, November 27. [/ QUOTE ] |
Re: The Mathematics of Poker
Oh, ok.. about a week ago, Amazon's page said "usually ships within a week". Stupid amazon >_<
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Re: The Mathematics of Poker
Not fully Amazon's fault. But they are slow to update.
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Re: The Mathematics of Poker
bumped to remind everybody that the authors promised this book will be shipped in about a week!
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Easy call
Looks like a keeper. Mickey Brausch |
Re: The Mathematics of Poker
Amazon just pushed my delivery estimate out to Jan 24. Is the printer still on schedule Chuck/Jerrod?
Thanks! [img]/images/graemlins/smile.gif[/img] |
Re: The Mathematics of Poker
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Amazon just pushed my delivery estimate out to Jan 24. Is the printer still on schedule Chuck/Jerrod? Thanks! [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] |
Re: The Mathematics of Poker
I ordered mine through Conjelco on the 14th. They took the money out of my account yesterday so I wonder if this means they are about ready to ship? I won't deal with Amazon for any poker books anymore. They are always weeks behind Conjelco. I'll pay a little extra and get it quicker.
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Re: The Mathematics of Poker
We processed *most* credit card orders over the weekend so that our warehouse could get ready to do the shipping. The book won't be off the presses until 11/28 but because of the Thanksgiving Holiday we wanted to give the fulfillment house plenty of time to get ready.
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Re: The Mathematics of Poker
Chuck, where can we order this book to get it shipped asap...
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Re: The Mathematics of Poker
One question--
Will this book be any use for the unnumerated? (I'm numbers illiterate.) Or will it put me to sleep as fast as algebra class did? |
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