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Bluffs from a game theory perspective
IntroductionIn this article
- The mathematical background
- Optimal strategies
- The Nash equilibrium
Bluffs are an essential part of poker play and every good player should have them in their repertoire. Players make a huge mistake if they never bluff, but also if they bluff too much. How do you find the right balance? How can you tell when it's a good idea to bluff, how do you know when and how often you should bluff against certain players in order to play profitably against them?
This article deals with the mathematical background of bluffs and uses a game theoretic approach to illustrate possible strategies.
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