Economics Dissertation and poker.

    • mChavez
      mChavez
      Bronze
      Joined: 13.02.2009 Posts: 323
      Hi all!

      I have to do a dissertation in economics this year (BA) and I know that many of you guys are economists here=) ) Do you think there is enough game-theory related stuff in poker to base a dissertation on it? Tournament play itself is not an option, cause there are many works on that. But how about decisions in fixed limit? And icm?

      Well, any suggestions and thoughts are welcome.

      Please help 8)

      Chavez.
  • 4 replies
    • tac3znarf
      tac3znarf
      Bronze
      Joined: 15.10.2008 Posts: 257
      How about a topic on poker pros earning from rakeback or points conversions by mass grinding? These are breakeven players in terms of winnings but the income they have are based on rakeback and conversion of loyalty points. :)

      I am not an economic major but I hope this would help. :)
    • andyb43
      andyb43
      Bronze
      Joined: 23.07.2008 Posts: 903
      Originally posted by tac3znarf
      How about a topic on poker pros earning from rakeback or points conversions by mass grinding? These are breakeven players in terms of winnings but the income they have are based on rakeback and conversion of loyalty points. :)

      :)
      I'm slipping off topic a bit................but when I posted something like what you said above a few weeks back I received a heap of abuse from PS members........ :] how dare we suggest that break even play is 'good'
    • tokyoaces
      tokyoaces
      Bronze
      Joined: 01.04.2009 Posts: 1,883
      Originally posted by andyb43
      how dare we suggest that break even play is 'good'
      I suggest it's great, good, and quite an accomplishment to be proud of. I further suggest that if you are a losing player, just staying above the rake is quite an accomplishment.

      For some reason people here are really blinded to just how thin the edges are in poker. Not having to tip and the smaller rake of online poker do help, but when you are first learning the game just becoming break-even is something to be proud of.
    • drawback
      drawback
      Silver
      Joined: 30.01.2009 Posts: 155
      Yup, making profit with loyality points and rakeback is just another proof that Poker is not something like casino slots and blah blah blah :) That's how i convince others for example. I can break even and still profit just by playing. If i became a robot and played 8-10 hours/day, like normal employees do, i'd have one of the best salaries in my country. ~ 3-4 times above the average.