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#1
09-08-2007, 11:07 AM
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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 ? 
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#5
09-08-2007, 03:47 PM
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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
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#6
09-08-2007, 04:42 PM
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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 .
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#8
09-09-2007, 06:19 AM
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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.
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