Interesting Article about Game Theory's use in Poker
Hello all, having trouble drawing cards tonight, getting a little antsy, so I decided to do some reading while I was playing so I don't start throwing in my chips out of pure boredom ( A problem of mine that I really need to work on ).
I read this article, written by Tim Hartford, from The Financial Times and it is about the use of Game Theory to create a Poker Bot that can beat good poker players. They talk about Chris Ferguson a fair bit as he has a Phd. in Game Theory and obviously uses it to his advantage.
Here is the article:
My favorite line in the article is:
"But excellent play cannot always assume an excellent opponent: there is no point in defending against brilliant strategies that your adversary is not smart enough to use."
Which is something that I personally don't consider enough when I am playing poker.
EDIT: Will I get in trouble for including that link? I can't see the harm but I can change it if need be.