Applications of Game Theory (part 2)
Posted by Lucas Greenwood
Video Player is loading.
This is a modal window.
The media could not be loaded, either because the server or network failed or because the format is not supported.
Resume Video
Start from Beginning
Watch Video
10
Loading 14 Comments...
Good stuff. Very informative. Have a few questions
1. You say that you need to have a unique strategy against each opponent, obviously agree. What are some things that you look for when having a strategy against an opponent? Personally I look for VPIP/PFR, bet sizing, how they play board textures, are they capable of floating, psychology, and emotions. Any other stuff that I should look out for, so I can exploit my opponents?
2. Do you think a basic understanding of GTO is mandatory? I have read many poker books. Still never really studied gto.
3. How much work should I be doing on/off the table? If I play 3 hours a day should I be studying 3 hours?
Thanks again for the great video!
Just my two scents on your questions:
1. If it is a live game, I usually size the player up and make assumptions about how I think he would probably play. If I have player history then obviously I make a much better assumption of his default play. I sort of just look for situations where my opponents show down a hand or flash their cards at the table and then also make assumptions about how they would play other spots. And from their I adjust based on what is actually happening at the table in game. If you have access to a HUD because you play online then your assumptions of how your player will play is greatly improved.
I would also make major adjustments to how I assume a player is playing if in real life they appear agitated or upset, or have lost a couple of big pots in a row. Even good players will sometimes tilt and betray it very obviously if you are looking for signs of tilt.
2. I am also curious about that.
3. If it is live game then you have lots of time in game to review hands and make adjustments of your play. I think if it is a hand you cannot work out well at the table, I would spend however much time you need away from the game to review it.
If you are playing online, I would review the hand histories to see any showdowns that you can find and review those hands first. You should have a lot more interesting hands to review so you will probably be putting in more time to go over them after you play.
1. You pretty much cover all the points. I`d say its important to think about your range as a function of their range, i.e. my opponent is playing x% of hands in this spot what % should I counter with. Keeping in mind PF Equity, and valuing raw pf equity more with short stacks.
2. I think its important to understand GTO insofar as understanding how nash equilibrium`s come to exist. The easiest way to explain it in my opinion is imagine you are playing yourself heads up, what strategy would you choose? The idea that you should try to pick a strategy that can't be exploited by your opponent is important to understand, but not what you should attempt to emulate in game.
3. It depends, I'd say its more important to make sure you are spending your time off the table effectively, its very easy to do a lot of studying that doesn't really help you greatly. Typically I find hands, that I'm unsure on, and than break them down until I feel I have sufficiently exhausted the problem. For me this works well, as it probably makes me spend more time studying, but also ensures detailed answers on common important situations.
If you are playing "your unexploitable rock paper scissors 1/3 of the time strategy" you are breaking even no matter the opponent's strategy, doesn't have to be the same.
Yes this is correct, my mistake
Awesome vid mate, Very insightful
Where is part 1 ?
http://www.runitonce.com/pro-training/videos/applications-of-game-theory/
^
I am wondering how I am supposed to deviate from GTO strategy "as needed" vs various opponents? But you earlier tell us how hard it is to play GTO.
Seems like a disconnect. If GTO is so hard to play well, how does it follow that adjusting away from GTO is not equally, or probably EVEN HARDER to do?
Which
If 70% of GTO is closer to 0 than 100%, how close do I have to get for my approximation to be better than than non GTO?
You seem to assume that our "non-GTO" game is better than our trying to imitate GTO, but truly? How would we know?
Interesting video, thanks.
How do we even begin to start to learn game theory and understand the internal logic of poker? I don't think I'm alone when I say I want to put the work in but I just need someone to push me in the right direction to begin. What I don't want to do is spend time going down one path only to find it was the wrong one and I have to start again.
Any pointers you can offer would be appreciated.
Great stuff here!
good video but I think you do go off on a tangent sometimes, maybe focus abit more on structure to facilitate the learning process, great video tho overall, learned a lot, thanks man
Be the first to add a comment
You must upgrade your account to leave a comment.