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The blinds and antes and limit structure of the game have a significant influence on poker strategy. For example, it is easier to manipulate pot odds in no-limit and pot-limit games than in limit games. In tournaments, as the size of the forced bets relative to the chip stacks grows, pressure is placed on players to play pots to avoid being ...
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Constant sum: A game is a constant sum game if the sum of the payoffs to every player are the same for every single set of strategies. In these games, one player gains if and only if another player loses. A constant sum game can be converted into a zero sum game by subtracting a fixed value from all payoffs, leaving their relative order unchanged.
The card game of poker has many variations, most of which were created in the United States in the mid-1800s through the early 1900s. The standard order of play applies to most of these games, but to fully specify a poker game requires details about which hand values are used, the number of betting rounds, and exactly what cards are dealt and what other actions are taken between rounds.
Kuhn poker is a simplified form of poker developed by Harold W. Kuhn as a simple model zero-sum two-player imperfect-information game, amenable to a complete game-theoretic analysis. In Kuhn poker, the deck includes only three playing cards, for example, a King, Queen, and Jack. One card is dealt to each player, which may place bets similarly ...
This type of situation occurs mostly in games with multi-way pots, when a player has a strong hand, but several opponents are chasing with draws or other weaker hands. Also, a good example is a player with a deep stack making a play that favors a short-stacked opponent because he can extract more expected value from the other deep-stacked ...
While poker's exact origin is the subject of debate, many game scholars point to the French game Poque and the Iranian game As-Nas as possible early inspirations. [3] For example, in the 1937 edition of Foster's Complete Hoyle, R. F. Foster wrote that "the game of poker, as first played in the United States, five cards to each player from a twenty-card pack, is undoubtedly the Persian game of ...
Sklansky's table on poker hands. David Sklansky (born December 22, 1947) [1] is an American professional poker player and author. An early writer on poker strategy, he is known for his mathematical approach to the game. His key work The Theory of Poker presents fundamental principles on which much later analysis is based.