Why Position Matters Using Game Theory
 

Here is another interesting problem that shows why position matters .

There are two players who pick random numbers from the closed interval [0,1] . Each player posts an ante and has to make a decision whether or not to play for the pot or fold . The first player to act has three choices to make . He may either bet the pot, check-call , or check and fold . Player two can only call a bet , check or fold . There is no raising in this game .

a) What numbers should player one bet with ?
b) What numbers should player one check and call with ?
c) What numbers should player one check and fold with ?

*Bonus Question*

What is the EV of this game for both players ?

Re: Why Position Matters Using Game Theory
 

I love these posts. I wish I wasn't to stupid to solve them.

Re: Why Position Matters Using Game Theory
 

Thx Dave .

Feel free to give it a shot if you dare .

Re: Why Position Matters Using Game Theory
 

If player 1 can check-call, and player 2 can only call a bet, check, or fold, what is player 1 calling after his check?

Re: Why Position Matters Using Game Theory
 

i dont get it , do they choose decimals or something? if that is the case, as i am not clever, i would go for bet anythin higher than .5 check anything lower, and player 2 do the same

but i am so obviously wrong

Re: Why Position Matters Using Game Theory
 

Player one can check and call a bet .
Player one can make a bet in which case player two has the option of folding or calling .
Player one can check and fold if player two makes a bet .
Player one may also check and player two has the option of checking as well .

Re: Why Position Matters Using Game Theory
 

as i said in the first thread, the answer is obv to read the mathematics of poker. or be really good at math.

Re: Why Position Matters Using Game Theory
 

[ QUOTE ]
as i said in the first thread, the answer is obv to read the mathematics of poker. or be really good at math.

[/ QUOTE ]

I hope when I read this book, I will know more about how to solve these problems. Reading it right now.

Re: Why Position Matters Using Game Theory
 

abc , I already know how to solve this since I've proposed most of these problems .

I've read a similar problem to this one , but the last two set of problems were my own .

Re: Why Position Matters Using Game Theory
 

Important missing detail:

The value of the antes in relation to the value of the bet.

It matters.