Posts about poker

Good Poker Players Aren't Lucky

Economics of Poker: The Effect of Systemic Chance" (2012) by Robert Hannum, a professor of risk analysis and gaming at the University of Denver. His study of more than a billion hands of online Texas Hold'em found that 85.2 percent of the hands were decided without a show of cards. In other words, players' betting decisions were of overwhelming importance in determining the outcome. Of the remaining 14.8 percent, almost half were won by a player who didn't hold the best hand but instead had induced the player with the best hand to fold before the showdown.Hannum concluded: "Clearly the driving force behind the economic outcome of Texas Hold'em is skill rather than chance.