Professional Documents
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Poker
Poker
Game of Poker
Kristina Fitzhugh
9/29/09
The History of Poker
Over the past 10 centuries
poker has evolved from
various games
– 969 AD: Emperor Mutsung in
China
– 12th & 13th centuries: Eyptians
– 16th century: “Primero” is often
called “poker’s mother”
Each player was dealt 3 cards and
bluffing was a very large part of
the game
The History of Poker
In the U.S.
– 1834: Being played on
Mississippi Riverboats
Referred to as the
“cheating game”
w = $5
pw = 1/5
v = $1
pl = 4/5
E = (5 * 1/5)+(-1 * 4/5) = 1/5 =$0.20
Mathematical Expectation
Dealt:
The Flop:
Raise $3 pre-Flop
Both blinds fold, opponent on left calls
Pot: $7.50, Flop:
The Use of Pot Odds &
Outs
You have the button, so you are the last to act
after the flop
Your opponent bets $7.50, doubling the pot to $15
You are going for a flush, do you call or fold?
Calculate the pot odds: $15 in the pot, have to put
in $7.50 to call, so 15:7.5 or 2:1
Calculate the ratio of outs: 4 diamonds that we
know of, leaving 9 left that could help your hand to
get the flush. There are 47 unknown cards in total,
so 9 out of 47 cards can help, that’s 47:9 or 5.22:1
Since the ratio of outs is greater than the pot odds,
you cannot profitably call
Same problem done with
Mathematical Expectation
We have:
– w = 15
– pw = 9/47
– v = 7.5
– pl = 38/47
E = (15*(9/47)) + (7.5*(38/47)) = -3.191
Position
Bluffing
Reading your opponents and knowing
their style
Reading hands
Slow playing
Loose and tight play
.....
Sources