The mathematics of poker holds a little-known secret: the first bettor enjoys better bluffing odds than someone who raises by the same amount. This article delves into the calculations behind this phenomenon and discuss how this plays into theoretically optimal strategies. Let’s start with an example to illustrate this principle. Blind vs Blind, Single-raised pot …
One of the most frequently asked questions in poker is how to calculate the size of a raise as a percentage of the pot. Fortunately, it’s a relatively straightforward calculation that can be done using a simple formula. Here’s how to do it.
While lots of work has been placed into research and explanation of heads-up pot strategy, multiway pots still largely remain an unexplored frontier in poker. Multiway dynamics feature very different strategic ideas compared to HU. As expert player Matt Hunt stated in his multiway course, Three’s A Crowd: “Multiway postflop spots are more similar to multiway preflop than heads-up postflop”.
In poker, a PKO (Progressive Knockout) tournament is a type of tournament where a portion of the buy-in goes toward a bounty on each player’s head. In PKO tournaments, when a player eliminates another player, they typically receive a cash prize for half of the eliminated player’s bounty. The remaining half of the bounty is added to their own head for other players to try to claim.
A Game Theory Optimal solver is an algorithm that calculates the best possible poker strategy. But how exactly do these solvers work? What makes their strategy “the best”? …
The Independent Chip Model (ICM) was invented in 1987 by M. Malmuth and is one of the most important formulas for understanding tournament poker strategy! But it took us almost 35 years to fully utilize the concept…
