| Your personal background. |
|---|
Using Game Theory to Improve Your Online Tournament Results.
Game theory is a branch of applied math which looks at
competitive situations where 2 or more people have
conflicting interests. This has been applied to global politics,
economics and of course to Toronto Poker Games.
David Sklansky covered poker game theory in his
seminal work ‘The Theory of Poker’ and Chris ‘Jesus’ Ferguson made this
famous by using poker game theory rather than experience to achieve
his phenomenal success. The key to application of poker game theory is that there are ways to vary
your poker strategy depending on your opponents and the individual situation.
 After all, any poker strategy which does exactly the same thing each
time is very easy to exploit. So we have 2 dynamics at
work - on one side a mixed vs static strategy, on the other an Unexploitable vs
exploitable strategy. Unexploitable strategies are defensive in nature, they will prevent you losing chips and will
win small amounts. In order to win you need to play in such
a way as to exploit your opponents weakness - this of course involves deviating from Unexploitable strategy
yourself and is where Poker Game Theory really starts to get interesting.
Below are 4 common ways in which poker game theory can be put to
use at the table.
As made famous by David Sklansky the idea is that you should bluff with a busted hand on the river at the same frequency as the odds you are offering your opponent from the pot.
Thus if the pot offers 4/1 at the river bluffing 25% of the time will mean your opponent loses the same amount
whether he calls or folds, all else being equal. Of course - this is the
Unexploitable strategy. ICM simply represents your current chip stack in terms of 'dollar equity' in the prize pool of the
tournament. It is most commonly used in Sit and Go play as the numbers are easier to calculate (due
to fewer paying places)but also has applications at MTT final tables.
As with any Unexploitable poker strategy there is a counter.
Adjusting play based on stack sizes (especially the presence
of very small stacks) or making mathematically ‘bad’ calls against
regular opponents to prevent them correctly using this strategy
in future are just 2 examples of poker game
theory in action. For more on ICM see my SNG Strategy Articles section. Planet Mark's Rec : If you are thinking about Poker Game Theory, then you are already more advanced than the majority of players.
What you need to do next is stop playing against other experienced players on the big sites, and check out sites where the
majority of players are amateurs, recreational poker fans
or just plain fish! Your returns will be much bigger
at 888 Poker - I strongly recommend you check out the tables at
888 Poker now and see just how soft their games
are for yourself!
The gap
concept states that you need a stronger hand to call an opponent's bet than you need to raise yourself.
In a no-limit Holdem tournament the ‘gap’ is usually small when stacks are shallow compared
to the blinds (since implied odds are far higher)
and shrinks considerably as the game approaches the bubble.
Poker Game Theory suggests that opponents understanding of the gap concept can be exploited.
This happens when you strongly re-raise a player who has raised a
pot ahead of you when stacks are getting shallow. If your opponent understands the gap concept
he may be open-raising with a wide range of hands.
The second ‘gap’ - that between the hands he will open with and those he will call a re-raise with - may be very wide.
If your opponent raises with 20% of hands but will only call with 5% he will
fold to your re-raise 75% of the time. Using mathematics to exploit this concept will gain chips in many tournament situations.
This is particularly true when stack sizes are balanced in such a way as to commit your
opponent to the pot. The danger of using such a strategy
is that yet another opponent picks up a monster
hand behind you - so this is best used from late position! More recently the 'exploitative'
strategy of re-raising light is well known by regular tournament players.
You might find your re-raised raised once more (4-bet) simply because your opponent
knows that you will fold a good percentage of your hands (this could continue to 5-betting etc if stacks are deep enough).
Remember, a novice player is unlikely to be bluffing when they make the 4th bet - since they are
not considering game theory, just looking at their own cards.
The SAGE poker system uses Nash Equilibrium math to
create an unexploitable system for heads-up play at the end of a poker tournament.
ICM does not work heads-up, since you are effectively playing for
a single prize (the gap between the 1st and 2nd place payouts).
Sage has a points system based on the number of big blinds in your
stack, and tells you whether to shove all-in or call your opponents all-in with certain hands.
SAGE is best used when you are playing against an opponent
who is more skilled or experienced than you are. While this
system is 'unexploitable' it is not flexible enough to adjust to errors that your opponent is making.
To take advantage of errors you need to step outside of
the nash equilbrium 'game-theory' system, and call more or bet more depending on how you perceive
the weaknesses of your opponent. For example, if your opponent folds too often (according to game theory) you can exploit this by betting more frequently.
Remember, applying Game Theory is even more effective against weak opposition - find out which is the best place to find those easy to exploit opponents
in our Best Poker Tournament Sites section. Planet Mark's
Rec : If you are thinking about Poker Game Theory, then you
are already more advanced than the majority of players.
What you need to do next is stop playing against other
experienced players on the big sites, and check out sites where the majority of players are amateurs, recreational poker fans or
just plain fish! Your returns will be much bigger at 888 Poker - I strongly recommend you check out the tables at 888
Poker now and see just how soft their games are for yourself!
The real cash poker Internet bill would require provisions that would ensure the safety of player funds.
Players must be located within the State of California in order to start gambling on real money poker websites.
Betting companies that violate federal law would not
be permitted to set up poker gambling and casino operations.
All online poker website software would have to include self-exclusion features such as
loss limits and time-outs for real cash poker players to implement themselves.
Regulations would go into effect within 270 days of passage.
Even before California became a state, card rooms have been up and
running since 1850. These were also known as "California Casinos" or
"Card Clubs". California’s gambling industry grew in 1933, with the
introduction of horse race wagering. The California Constitution was amended for this
to take place and 6 major horse racetracks were introduced to
the state.
In addition, over 30 off-track betting locations were spread throughout
the state. Due to Proposition 37, State lottery was introduced to California, which has been incredibly successful to this day.
A law was passed in this year which fully legalised casino gambling on tribal lands.
This gave the tribes an opportunity to negotiate their compacts and come to an agreement of what machines and table games they can offer in their casinos.
With the rise of internet gambling , California joined the
craze and introduced horse racing betting over the internet.
Which ultimately led to other forms of internet gambling
being introduced in the near future.
The Californian Senate had a busy year with various
bills to legalize and regulate online
poker being put forward.
It wasn’t clear whether the tribes would be a part of regulating and
licensing online poker operators, but the idea was definitely being pushed forward.
Due to other states in the country legalising online poker, California was beginning to
look like the next one on the list as two more bills
were introduced to the Senate. Online poker is still up in the
air in this state, but it is showing signs of potential for the near future.
California’s gambling roots can be traced
all the way back to the gold rush and the ever popular Texas Hold’em
poker game. As early as 1850, the predominately male population of prospectors
and miners in CA demanded a masculine form of
entertainment.
Within mere months, licensed and unsolicited card rooms
offering real cash poker games began popping up everywhere.
In 1907, the Santa Anita Park - one of the most prestigious horseracing tracks in the entire world
- opened its doors. However, it wouldn’t be until 1933 that real money gambling on horseracing was legalized in CA.
Its legalization caused the relatively dormant poker betting
and casino gambling industry to thrive. With the passing of a proposition in 1984 that legalized
a statewide lottery, gambling became somewhat of a leisurely, everyday
activity for real cash poker fans in CA and for other betting fans.
Around this time countless casinos were constructed; many
of them home to poker rooms featuring upwards of 100 to 200 tables and
offering classic Texas Hold’em real money poker games and
many other popular poker variants.
California but in the entire world. Poker players in California
have a good chance of eventually being able to play poker online at legal US poker rooms.
California is home to more gambling facilities than every
state in the US outside of Nevada. It features over 100 legal
poker card rooms, 68 tribal casinos, six racetracks and over
21,000 retail outlets licensed to sell lottery tickets. All told,
citizens of the Golden State can rarely walk a block without running into
some sort of lawful gambling outlet. Right now, residents of
California are permitted to engage in Internet betting
on horseracing. Given its massive population, if California passes legislation legalizing online
poker in The Golden State the Federal Government would be forced to notice - especially if it decides
to hold firm on its stance regarding interstate compacts.
In fact, some say that California could easily dominate the real
money Internet poker website market. California will undoubtedly enter the Internet poker and gambling arena at some
point. The real question is when the legal poker and casino betting websites
will start to hit the web. Before PokerStars re-entered the picture, it appeared as though CA State was
on target for a mid-2015 launch of legit Internet
poker. Now, whether legal online poker comes to California depends on how quickly rival factions can come to terms
regarding the inclusion or exclusion of a bad actor clause.
Castleton based in India is a leading accounting Games: Board
games and cards available. Poker table with poker
chips and dart board in the basement. The estimated delivery time will be approximately 7 - 10 business days from the time of order.
 If you request a small parcel
item be picked up for return, the item must be packaged and available for pick up in the same manner as
it was delivered. Keep a couple fresh packs in my chip case and
one ready to go for euchre (9 - Ace). Split a box from Costco many years
ago with a friend and still have a few unopened packs. I’ve bought
poker sets, lasted long time. Poker Game Rules Images Where To Buy Poker Chips In Stores Here’s a summary of what’s out there to help you find just
the right chips for your game. To get a really good sense of all of your
options, I suggest that you check out the online stores that … Bright lights, poker … electronic
stores. Log Poker Tables Poker Game Rules Images Where
To Buy Poker Chips In Stores Here’s a summary of what’s out
there to help you find just the right chips for your game. Slice them up,
hold them together with toothpicks and throw in some potato
chips. Stefanich said their poker parties remain casual, but the host usually provides some food.
One week it was Costco platters. |
| Your feedback on this profile |
|---|
| Recommend this profile for User of the Day: |
I like this profile |
| Alert administrators to an offensive profile: |
I do not like this profile |
|
| Account data |
View |
| Team |
None |
|
