![]() ![]() The Alberta guys are doing work on that part too. Only after you've got a good grasp on all that should you really think much about exploiting a particular player's weaknesses. By playing a good strategy, you can prevent other players from exploiting your patterns. The University of Alberta is doing a lot of working developing poker bots using game theory. The game is complex enough that it's not completely solved, and it's an active area of research. If you get it right, their mistakes are your gain.Īt a more advanced level, game theory comes into play, using bluffs and so on. This is pretty basic but a lot of low-stakes players screw it up. the payoff in the pot, or the chance of winning with various starting hands. To start with, there's simple probability: knowing the odds of making you hand vs. This is a bit off-topic, but it's actually quite feasible to get a real edge in Hold'em, and it's not just about spotting other people's patterns. How are these returns relevant for today? Since then there was significant turmoil in the US, Asia, and the EU. One last nit: Please, please post recent data when you talk about projects like this. ![]() His code is unlikely to be worth much today unmodified, and when you modify it you'll realize, as I have, that when the other players have access to the order books and can jump the line you have no chance in the game in 2012. ) that please be careful before you follow this course. But, the market has changed so much since then, with HFT becoming so prevalent (. If you get good at spotting the patterns (like this guy did) you can go on a winning streak, but when the game changes (as it did for this individual after 2009) then you either go home or go broke. It's no different than people who play Texas Hold'em online and speculate what cards others have based on betting patterns. I cannot emphasize how important it is to understand that people who trade using price action ( ) are just speculating based on where they expect the price to move. I love crazy projects and Show HN's until the cows come home, but this one is dangerous that I must repeat the warning to others. ![]()
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