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Quantification of Luck and Skill in Texas Hold'em Frederic Paik
Quantification of Luck and Skill in Texas Hold’em Frederic Paik Schoenberg 1. Introduction. Las Vegas, Nevada, July 11, 2015. It is day 4 of the 2015 World Series of Poker Main Event. The tournament began with 6,420 players paying $10,000 apiece to enter the tournament. Now only about 400 remain. Some are legendary poker professionals, while others are amateurs taking a shot at poker glory. The tension and drama increase each hand, as millions of dollars and the title of World Champion hang in the balance with each card dealt and each poker decision made. Winning the tournament will clearly require not only great skill but also a huge amount of luck as well. The determination of whether poker is primarily a game of luck or skill has been the subject of intense legal debate. For instance, in 2007 an English court ruled that poker is primarily a game of luck in finding the owner of the Gutshot Club in central London guilty of violating the Gaming Act, which requires a license to host games of chance but not games of skill (Cacciotollo 2007). On the other hand, in 2009 the organizer of a poker club in Colorado was found not guilty of illegal gambling on games of chance in a trial where the jury agreed with a statistician's testimony contending that poker is a game of skill (Hannum and Cabot 2009). As laws differ around the world regarding the legality of gambling on games of skill or games of luck, a clear definition of whether poker is a game primarily of skill or luck might have broad legal implications. -
PATRIK ANTONIUS HALL of FAME NOMINEE TALKS LEGENDARY HIGH-STAKES CAREER “Probably 40 Days Where I Won Or Lost More Than a Million”
www.CardPlayer.com Vol. 34/No. 14 June 30, 2021 PATRIK ANTONIUS HALL OF FAME NOMINEE TALKS LEGENDARY HIGH-STAKES CAREER “Probably 40 Days Where I Won Or Lost More Than A Million” Twitch Streamer Seven Card Stud Psychological Vanessa Kade Discusses Eight-Or-Better: Warfare: Get Your $1.5 Million Score Starting Hands Head In The Game PLAYER_34_14B_Cover.indd 1 6/10/21 10:41 AM PLAYER_14_GlobalPoker_DT.indd 2 6/7/21 8:30 PM PLAYER_14_GlobalPoker_DT.indd 3 6/7/21 8:30 PM Masthead - Card Player Vol. 34/No. 14 PUBLISHERS Barry Shulman | Jeff Shulman Editorial Corporate Office EDITORIAL DIRECTOR Julio Rodriguez 6940 O’Bannon Drive TOURNAMENT CONTENT MANAGER Erik Fast Las Vegas, Nevada 89117 ONLINE CONTENT MANAGER Steve Schult (702) 871-1720 Art [email protected] ART DIRECTOR Wendy McIntosh Subscriptions/Renewals 1-866-LVPOKER Website And Internet Services (1-866-587-6537) CHIEF TECHNOLOGY OFFICER Jaran Hardman PO Box 434 DATA COORDINATOR Morgan Young Congers, NY 10920-0434 Sales [email protected] ADVERTISING MANAGER Mary Hurbi Advertising Information NATIONAL SALES MANAGER Barbara Rogers [email protected] LAS VEGAS AND COLORADO SALES REPRESENTATIVE (702) 856-2206 Rich Korbin Distribution Information cardplayer Media LLC [email protected] CHAIRMAN AND CEO Barry Shulman PRESIDENT AND COO Jeff Shulman Results GENERAL COUNSEL Allyn Jaffrey Shulman [email protected] VP INTL. BUSINESS DEVELOPMENT Dominik Karelus CONTROLLER Mary Hurbi Schedules FACILITIES MANAGER Jody Ivener [email protected] Follow us www.facebook.com/cardplayer @CardPlayerMedia Card Player (ISSN 1089-2044) is published biweekly by Card Player Media LLC, 6940 O’Bannon Drive, Las Vegas, NV 89117. -
Official Media Guide
OFFICIAL MEDIA GUIDE 40th ANNUAL WORLD SERIES OF POKER May 26th- July 15, 2009 Rio Hotel, Las Vegas November Nine – November 7-10 www.worldseriesofpoker.com 1 2009 Media Guide Documents: COVER PAGE ................................................................................................................................................................................................ 1 TABLE OF CONTENTS ................................................................................................................................................................................. 2 PR CONTACT SHEET ................................................................................................................................................................................... 3 GENERAL EVENT INFORMATION: FACT SHEET .................................................................................................................................................................................................. 4 SCHEDULE..................................................................................................................................................................................................... 5 SCHEDULE..................................................................................................................................................................................................... 6 SCHEDULE.................................................................................................................................................................................................... -
WSOP 2008: Zusammenfassung Events #27 Bis #30
WSOP 2008: Zusammenfassung Events #27 bis #30 Event #27: USD 1.500 No-Limit Hold’em, Tag zwei Zu Beginn von Tag zwei gab es lange Warteschlangen vor dem Cash-out, denn die zahlreichen Shortstacks verabschiedeten sich im Minutentakt, sodass von den 224 Überlebenden von Tag eins, nach gut 20 Minuten nur noch gut 180 übrig waren. Die Turnierleitung entschied, eine nicht eingeplante Pause von 20 Minuten einzulegen, da die Mitarbeiter an der Kasse mit den Auszahlungen gar nicht so schnell hinterherkamen. Dennoch wurde es ein langer Tag, der um 2:30 Uhr schließlich abgebrochen wurde, da sich immer noch 17 Spieler im Turnier befanden. Jan von Halle, der mit 29.600 Chips gestartet war, schaffte gleich zu Beginn einen Double-up . Im zwölften Level (1.500/3.000, Ante 400) kam es vor dem Flop mit Pocket-Dreien zum all-in gegen A [key:card_spades] K [key:card_spades]. Der Flop brachte zunächst einen König, doch gleich am Turn tauchte die rettende 3 [key:card_hearts] auf und 50outs knackte die Marke von 100.000 in Chips. Nach zwei weiteren gewonnen Pötten mit A Q gegen A K und Pocketqueens gegen K Q ging er sogar mit 200.000 Chips in das Dinnerbreak, das insgesamt nur 66 Spieler erreicht hatten. Auch Team-PokerStars-Pro Humberto Brenes lag zu diesem Zeitpunkt über dem Average von rund 150.000 in Chips. Doch dann passierte das Unglück. Von Halle raiste mit Pocketjacks, der Spieler am Button ging mit 80.000 all-in und der Big Blind schob ebenfalls seine restlichen 28.000 in die Mitte. -
2013 National Heads-Up Poker Championship
2013 NATIONAL HEADS-UP POKER CHAMPIONSHIP Round of 64 Round of 32 Round of 16 Quarterfinals Semifinals Championship Semifinals Quarterfinals Round of 16 Round of 32 Round of 64 January 24th January 25th January 25th January 26th January 26th January 26th January 26th January 26th January 25th January 25th January 24th Antonio Esfandiari Joseph Cheong Antonio Esfandiari Joseph Cheong Jennifer Tilly Olivier Busquet Antonio Esfandiari Jean-Robert Bellande Jonathan Duhamel Jean-Robert Bellande Jonathan Duhamel Bruce Miller Matt Glantz Bruce Miller Daniel Cates Eugene Katchalov Chris Moorman Maria Ho Chris Moorman Phil Galfond Carlos Mortensen Phil Galfond Daniel Cates Eugene Katchalov Matt Salsberg Eugene Katchalov Daniel Cates Eugene Katchalov Daniel Cates Faraz Jaka Vanessa Rousso Justin Smith Vanessa Rousso Justin Smith Yevgeniy Timoshenko Elky Grospellier Vanessa Rousso Phil Hellmuth Shaun Deeb Phil Hellmuth Shaun Deeb Phil Hellmuth Andy Frankenberger Mike Sexton Scott Seiver Phil Hellmuth Andy Bloch Chris Moneymaker Kyle Julius Chris Moneymaker Kyle Julius Jason Somervile Scott Seiver David Sands Will Failla Rob Salaburu Scott Seiver David Sands Scott Seiver David Sands Ben Lamb Erik Seidel Barry Greenstein CHAMPION Tom Dwan Barry Greenstein Tom Dwan Barry Greenstein Tom Dwan John Monnette Tom Marchese John Monnette Doyle Brunson Greg Raymer Doyle Brunson Mike Matusow Brian Hastings Viktor Blom Brian Hastings Viktor Blom Brian Hastings Andrew Lichtenberger Matt Matros Mike Matusow Brian Hastings Michael Mizrachi Nick Schulman Mike Matusow Eli Elezra Mike Matusow Eli Elezra David Williams Greg Merson John Hennigan Joe Serock John Hennigan Joe Serock John Hennigan Joe Serock Sam Simon Mohsin Charania Sam Simon Huck Seed David Oppenheim Huck Seed John Hennigan Joe Serock Phil Laak Liv Boeree Phil Ivey Gaelle Baumann Phil Ivey Gaelle Baumann Phil Ivey Dan Smith Isaac Haxton Jason Mercier Justin Bonomo Dan Smith Justin Bonomo Dan Smith. -
Biggest Casino Whales Macau Makes a Big Move in Manila the Biggest Looking Back at Appt Losing Players Nanjing Millions Shut in Online Down History
MAGAZINE THE WORLD’S POKER KING CLUB BIGGEST CASINO WHALES MACAU MAKES A BIG MOVE IN MANILA THE BIGGEST LOOKING BACK AT APPT LOSING PLAYERS NANJING MILLIONS SHUT IN ONLINE DOWN HISTORY POKER IN ASIA 2015 TWELVE STORIES Contents. These losing players deserve our respect and admiration for their sheer perseverance, and above all else, we should remember that they have always been the pillars upon December 2015 // Biggest Online looser which the world of high stakes poker is balanced January February March April THE WORLD’S BIGGEST PROSTITUTION EIGHT PHIL IVEY POKER KING CLUB CASINO WHALES SCANDALS IN MACAU STORIES MACAU MAKES A BIG MOVE IN MANILA Page 03 Page 05 Page 06 Page 07 May June July August THE APRISIANLESS LOOKING BACK AT APPT INTERVIEW: WALLY “THE DREAM” GAMBLING MORE NANJING MILLIONS SOMBERO FROM ASIAN TERRY FAN ENTERTAINEMENT, IS SHUT DOWN POKER PIONEER TO 2015 A TURNING POINT GAME-CHANGER FOR MACAU? Page 08 Page 10 Page 12 Page 14 September October November December ARE INTERNATIONAL THE LEGEND OF THE BIGGEST LOSING 5 FISHY WAYS TO THINK POKER PLAYERS ISILDUR1 IN 7 DATES PLAYERS IN ONLINE ABOUT POKER CHANGING THE HISTORY FACE OF THE ASIAN POKER SCENE? Page 16 Page 18 Page 20 Page 22 January 2015 Adnan Khashoggi Adnan Khashoggi is a gambler that every casino wants walking through their doors. Having spent years as a businessman reportedly involved in the sale of military hardware such as aircraft and weapons, he became a serious high stakes gambler for over 25 years. At one point his fortune was said to exceed $40billion, but eventually, his cheques began to bounce, and casinos came looking for payment. -
Downloaded More Than 900,000 Times Since Philippines Visitation Was Down 3.4%
September 2013 • MOP 30 • ISSN 2070-7681 COVER STORY CONTENTS 8 The Asian Gaming 50 INSIGHTS Show Starter Here it is, our annual ranking of the men and 56 Perhaps the most prolific gaming- women who are having the greatest impact focused inventor in Asia, Jay Chun is on the most dynamic and fastest-growing masterminding a new regional trade gaming market in the world. show to challenge G2E’s dominance. FEATURES Okada’s Philippine Woes Continue 59 Although Universal Entertainment claims it has been cleared of allegations of wrongdoing by the Philippine Economic Zone Authority, the company is pressing on with its internal bribery investigation, as are the Philippine Department of Justice and the US FBI. Headwinds Down Under 60 Crown and Echo claw for an edge in tough markets. The Next Frontier 62 NagaCorp follows Lawrence Ho in pursuing the development of an integrated resort in Russia’s Far East. IN FOCUS Off the Hook 64 LVS has agreed to forfeit $47.4 million to the US government to avoid prosecution for failing to report millions of dollars in money transfers from a gambler linked to drug trafficking. BRIEFS 66 Regional Briefs 68 International Briefs Cover illustration by Rui Rasquinho 70 Events Calendar EDITORIAL Vietnam’s Locals Ban: How It Could End here are more than 92 million people in Vietnam of whom about 50 million or more are adult Tage, and as we know from the success of NagaWorld in neighboring Cambodia, a substantial number of them like a flutter. How much larger would that number be if they didn’t have to leave the country to enjoy one? “We’d actually be sitting on a gold mine,” says Mike Santangelo, chief operating officer of The Grand – Ho Tram Strip. -
2010 Nhupc Brackets
2010 NATIONAL HEADS-UP POKER CHAMPIONSHIP Round of 64 Round of 32 Round of 16 Quarterfinals Semifinals Championship Semifinals Quarterfinals Round of 16 Round of 32 Round of 64 March 5th March 6th March 6th March 7th March 7th March 7th March 7th March 7th March 6th March 6th March 5th PATRIK ANTONIUS JESPER HOUGAARD CHRIS MONEYMAKER ALLEN CUNNINGHAM CHRIS MONEYMAKER ALLEN CUNNINGHAM CHRIS MONEYMAKER ELI ELEZRA LEO WOLPERT ELI ELEZRA LEO WOLPERT ELI ELEZRA ERIC BALDWIN GREG MUELLER ERIK SEIDEL DENNIS PHILLIPS DAVID WILLIAMS ANNETTE DWORSKI DAVID WILLIAMS CHRIS FERGUSON JOE CADA CHRIS FERGUSON ERIK SEIDEL DENNIS PHILLIPS ERIK SEIDEL KARA SCOTT ERIK SEIDEL DENNIS PHILLIPS HUCK SEED DENNIS PHILLIPS ERIK SEIDEL DENNIS PHILLIPS DAN RAMIREZ BROCK PARKER ERICK LINDGREN DOYLE BRUNSON ERICK LINDGREN DOYLE BRUNSON PETER EASTGATE DOYLE BRUNSON PETER EASTGATE JP KELLY PETER EASTGATE DON CHEADLE BERTRAND GROSPELLIER DON CHEADLE PETER EASTGATE ERIK SEIDEL DOYLE BRUNSON STEPHEN QUINN HOWARD LEDERER STEPHEN QUINN PHIL HELLMUTH TED FORREST PHIL HELLMUTH JAMIE GOLD ANNETTE OBRESTAD DARIO MINIERI ANNETTE OBRESTAD JAMIE GOLD ANNETTE OBRESTAD JAMIE GOLD OREL HERSHISER ANNIE DUKE GAVIN SMITH BARRY GREENSTEIN PHIL IVEY CHAMPION BARRY GREENSTEIN PHIL IVEY VANESSA ROUSSO SCOTTY NGUYEN BARRY GREENSTEIN RICHARD EDWARDS SAM FARHA SCOTTY NGUYEN SAM FARHA SCOTTY NGUYEN ANTONIO ESFANDIARI SCOTTY NGUYEN JERRY YANG SHAWN RICE JENNIFER HARMAN JOE HACHEM JENNIFER HARMAN JOE HACHEM ANNIE DUKE JENNIFER TILLY GABE KAPLAN JERRY YANG GABE KAPLAN JERRY YANG GABE KAPLAN JERRY YANG JOHNNY CHAN MIKE MATUSOW SCOTTY NGUYEN ANNIE DUKE DANIEL NEGREANU DARVIN MOON JASON MERCIER DARVIN MOON JASON MERCIER BILL HUNTRESS JASON MERCIER ANNIE DUKE PIETER de KORVER ANDY BLOCH PIETER de KORVER ANNIE DUKE MIKE SEXTON ANNIE DUKE JASON MERCIER ANNIE DUKE PHIL GORDON ANDREW WILSON PHIL GORDON PAUL WASICKA TOM DWAN PAUL WASICKA PHIL LAAK PAUL WASICKA PHIL LAAK GUS HANSEN PHIL LAAK GUS HANSEN JOHN JUANDA GREG RAYMER SUNDAYS ON NBC - BEGINS APRIL 18th, NOON ET. -
Phil Gordons Little Green Book Pdf, Epub, Ebook
PHIL GORDONS LITTLE GREEN BOOK PDF, EPUB, EBOOK Phil Gordon,Howard Lederer,Annie Duke | 320 pages | 02 Oct 2006 | SIMON & SCHUSTER | 9781416903673 | English | New York, United States Phil Gordons Little Green Book PDF Book Great insight to one individuals take. He relates what goes through a pro's mind in every situation, whether it's a timely bluff or a questionable call, and helps players calculate their own best moves in the most pressure-fueled of situations. It's good stuff, front to back well, okay, I could have done without the charts; even Gordon himself minimizes their importance as much as possible. Foreword by Chris Ferguson. If you are a pro - skip this book. Phil does a great job of sharing his in-depth knowledge and presents it extremely well without overcomplicating it. Not yet memorized, but no need to keep a poker face when playing on the computer Other editions. Retrieved December 12, I actually bought the book first and was completely impressed. Community Reviews. In Poker: The Real Deal and Phil Gordon's Little Green Book , Phil Gordon -- a world- class player and teacher -- shared the strategies, tips, and expertise he's gleaned during his phenomenally successful career. Very helpful. Dec 17, Ruslan Voronkov rated it really liked it. By clicking 'Sign me up' I acknowledge that I have read and agree to the privacy policy and terms of use. I listened to this book for about 2 weeks straight because I knew I was going to miss things. Millions of dollars change hands thanks to the game each year and if you want to earn your share then you are going to need to understand the math that goes into the game to ensure you can formulate a solid plan of action moving forward. -
Longtime Grinder Ronnie Bardah: 'Poker Found
www.CardPlayer.com Vol. 34/No. 8 April 7, 2021 AJ Benza Talks About The Return Of High Stakes Poker Qing Liu Surges Into The Player Of The Year Lead Strategy: Top Pros Explain Tournament Stack Size Considerations LONGTIME GRINDER RONNIE BARDAH: ‘POKER FOUND ME’ Former Survivor Contestant Kicks Off 2021 With The Largest Score Of His Career PLAYER_34_08_Cover.indd 1 3/18/21 10:47 AM PLAYER_08_GlobalPoker_DT.indd 2 3/16/21 9:39 AM PLAYER_08_GlobalPoker_DT.indd 3 3/16/21 9:39 AM Masthead - Card Player Vol. 34/No. 8 PUBLISHERS Barry Shulman | Jeff Shulman Editorial Corporate Office EDITORIAL DIRECTOR Julio Rodriguez 6940 O’Bannon Drive TOURNAMENT CONTENT MANAGER Erik Fast Las Vegas, Nevada 89117 ONLINE CONTENT MANAGER Steve Schult (702) 871-1720 Art [email protected] ART DIRECTOR Wendy McIntosh Subscriptions/Renewals 1-866-LVPOKER Website And Internet Services (1-866-587-6537) CHIEF TECHNOLOGY OFFICER Jaran Hardman PO Box 434 DATA COORDINATOR Morgan Young Congers, NY 10920-0434 Sales [email protected] ADVERTISING MANAGER Mary Hurbi Advertising Information NATIONAL SALES MANAGER Barbara Rogers [email protected] LAS VEGAS AND COLORADO SALES REPRESENTATIVE (702) 856-2206 Rich Korbin Distribution Information cardplayer Media LLC [email protected] CHAIRMAN AND CEO Barry Shulman PRESIDENT AND COO Jeff Shulman Results GENERAL COUNSEL Allyn Jaffrey Shulman [email protected] VP INTL. BUSINESS DEVELOPMENT Dominik Karelus CONTROLLER Mary Hurbi Schedules FACILITIES MANAGER Jody Ivener [email protected] Follow us www.facebook.com/cardplayer @CardPlayerMedia Card Player (ISSN 1089-2044) is published biweekly by Card Player Media LLC, 6940 O’Bannon Drive, Las Vegas, NV 89117. -
Quantification of Luck and Skill in Texas Hold'em Introduction. The
Quantification of Luck and Skill in Texas Hold’em Introduction. The determination of whether Texas Hold’em is primarily a game of luck or skill has been the subject of intense legal debate. The terms luck and skill are extremely difficult to define, and surprisingly, rigorous definitions of these terms seldom appear in books and journal articles on game theory. A few articles have defined skill in terms of the variance in results among different players, with the idea that players should perform more similarly if a game is mostly based on luck, but their results may differ more substantially if a game is based on skill (Potter van Loon et al., 2015). Another definition of skill is the extent to which players can improve; poker does indeed involve a significant amount of potential for improvement (Dedonno and Detterman, 2008). This article offers a different take on the definitions of luck and skill in poker, and highlights certain scenarios, involving real Texas Hold'em hands, in which the luck and skill components can readily be quantified. The reader not well versed in Texas Hold'em rules, basic concepts, and strategy is invited to read Sklansky (1989), Brunson and Addington (2002), Hellmuth (2003), Harrington and Robertie (2004), Chen and Ankenmann (2006), Gordon (2006), and and Schoenberg (2017). Before considering the definition of luck and skill used here, note that the alternative definitions referred to above in terms of variation or improvement among players are obviously extremely problematic for various reasons. The definitions seem somewhat arbitrary and only very loosely tied to one's conceptions of luck and skill, and it is easy to think of counterexamples and major flaws in the definitions especially when considering their application to other games. -
Doug Polk Defeats Daniel Negreanu in High-Stakes Heads-Up Grudge Match Polk Wins $1.2 Million As Two Rivals Settle Seven-Year Feud
www.CardPlayer.com Vol. 34/No. 7 March 24, 2021 Byran Pellegrino Explains How Artificial Intelligence Helped Team Polk Win Ankush Mandavia Wins Card Player Poker Tour Venetian Main Event Poker Strategy: Training Your Mind To Withstand Variance DOUG POLK DEFEATS DANIEL NEGREANU IN HIGH-STAKES HEADS-UP GRUDGE MATCH POLK WINS $1.2 MILLION AS TWO RIVALS SETTLE SEVEN-YEAR FEUD PLAYER_34_07_Cover.indd 1 3/4/21 8:05 AM PLAYER_05_GlobalPoker_DT.indd 2 2/2/21 10:24 AM PLAYER_05_GlobalPoker_DT.indd 3 2/2/21 10:24 AM Masthead - Card Player Vol. 34/No. 7 PUBLISHERS Barry Shulman | Jeff Shulman Editorial Corporate Office EDITORIAL DIRECTOR Julio Rodriguez 6940 O’Bannon Drive TOURNAMENT CONTENT MANAGER Erik Fast Las Vegas, Nevada 89117 ONLINE CONTENT MANAGER Steve Schult (702) 871-1720 Art [email protected] ART DIRECTOR Wendy McIntosh Subscriptions/Renewals 1-866-LVPOKER Website And Internet Services (1-866-587-6537) CHIEF TECHNOLOGY OFFICER Jaran Hardman PO Box 434 DATA COORDINATOR Morgan Young Congers, NY 10920-0434 Sales [email protected] ADVERTISING MANAGER Mary Hurbi Advertising Information NATIONAL SALES MANAGER Barbara Rogers [email protected] LAS VEGAS AND COLORADO SALES REPRESENTATIVE (702) 856-2206 Rich Korbin Distribution Information cardplayer Media LLC [email protected] CHAIRMAN AND CEO Barry Shulman PRESIDENT AND COO Jeff Shulman Results GENERAL COUNSEL Allyn Jaffrey Shulman [email protected] VP INTL. BUSINESS DEVELOPMENT Dominik Karelus CONTROLLER Mary Hurbi Schedules FACILITIES MANAGER Jody Ivener [email protected] Follow us www.facebook.com/cardplayer @CardPlayerMedia Card Player (ISSN 1089-2044) is published biweekly by Card Player Media LLC, 6940 O’Bannon Drive, Las Vegas, NV 89117.