A practical mathematics of optimal bluff, in poker as in real life

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(Second part. First part here: https://www.telework.ro/en/poker-bluff/. Image: World Series of Poker celebrity poker tournament – Rio Casino, Las Vegas, https://www.flickr.com/photos/kalooz/3724732892) Neutral point of bluff Alice may decide to penalize a possible bluff (with a frequency α), and Bob may have decided … Read More