Poker Theory Explained
Posted by jonna102
Posted by
jonna102
posted in
Mid Stakes
Poker Theory Explained
Hey all,
I'm writing a series of articles that might interest some of you. The purpose of the articles is to explain concepts in poker theory in a simple and accessible way. Most concepts will apply to poker in general, but examples will mostly be from holdem and omaha cash. If you ever wondered how to calculate something in poker, this is where you are quite likely to find the answer. The articles will be theory oriented, but using a practical approach, so we can see how the theory translates into what we do at the tables. Some of the topics to be covered are:
-- Expected Value
-- Probability
-- Variance
-- Risk/Reward
-- Combinatorics
-- Ranges
-- Equity distributions
-- Board Textures
-- Blocker Effects
-- Frequencies
-- Strategies
-- Game Theory
Eventually this builds up to a full framework of poker theory, where we understand how the components fit into the big picture. None of these topics are very advanced, although if you haven't been introduced to university level maths before, then some things may come across as magic. I still intend to explain the concepts without assuming a university background though, so please do follow along if you have any interest at all in poker theory, regardless of background.
We're starting out by discussing expected value, and thinking a bit about how it applies to poker.
If you want to see all articles, you can do so here.
Shuffle up and deal!
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What a lovely surprise for a Monday morning! I got up tired and a little cranky from grinding yesterday and this put me in a great frame of mind to tackle the week. Thank you Jonna - you are a gifted writer and should really publish these articles as a book. I've read about this before but not expressed in such an engaging way.I'm planning to put my financial calculator through it's paces now
Glad you like it :)
Some of this material might be reworked into book format or other media in the future, but for now it will be these articles that get to enlighten your cranky Mondays :)
Cool post - it was a very clearly written article, and it must have been a lot of work to get it done.
How about cross posting this in the low-stakes PLO forum as well? Whilst some of these contents might be helpful for mid-stakes players, they will be even more beneficial for low-stakes players or those who are trying to give PLO/poker a try. It will be sad if they miss out on these.
-- midori
Thank you. That's a good idea, some of the earlier posts will def. apply to lower stakes players. I'll cross post there also.
Very cool. Well written. Looking forward to reading the articles to come.
Hey guys, I've posted a new article. It's a calculated example that goes more in depth than the one in the first article. It also sets the stage for some more interesting things to come, like combinatorics and equilibria.
Hey all. The new article on probability is out now. Hope you will enjoy.
when I try to link it says "this is private" and when I sign into PJ it says the same thing
Hmm yes, I just noticed the same thing. There appears to be a problem with the publishing. I'll ask the developers to look at it tomorrow, and post another update here when it's sorted. Sorry for the trouble.
It appears to be working again now, so all should be fine.
Hey Joanna, why there is no article for combinatorics? After probability ..
Hey, thanks for asking. I'm still working on it, although I expect it to be out in the near future.
All right lady, take your time and make best of it. I can't wait for that concept to be up.
Hey guys, the article on combinatorics has been published. Enjoy!
After a long summer break (poker players' privilege) the articles are back! The latest one is on variability and is found here.
Hey guys, articles are back! We're going to start easing into game theory concepts a bit. First we'll discuss solution concepts.
Link isn't working, anyone know where i can find the article?
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