Re: Game Theory Resolution
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The object of this game is to select a number from the closed interval [0,1] and to bet if you think your number is the highest . You only play one round so if you fold , the game is over .
a) A generous man decides to give you (hero) and your friend (villain) a free roll to enter this game . Hero posts the sb and villain posts the bb and you can raise to 3bb's or fold . Villain on the other hand can only call . What number should you raise with ??
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You're so obsessed with the fold EV = 0 idea, that you resort to this?
Clearly since it's a freeroll, the BB should never fold.
And if the BB isn't going to fold, neither should the SB.
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