Game Theory and Poker

My work with Prof. Peter Tingley at Loyola University Chicago on modeling poker through game theory.

On June 23, 2021, our paper on game theory and poker titled When to Hold ‘Em with Prof. Peter Tingley and Kaity Parsons was published in Mathematics Magazine. In it, we analyze a simplified poker game and answer the question: given a hand, should you bet, bluff or pass and for how much? We show bluffing is a necessary strategy to make money and slow-playing on high hands is one of two viable strategies under certain conditions. Read more.

Cite the paper: Parsons, K.; Tingley, P.; Zajdela, E. (2021) When to Hold ’Em, Mathematics Magazine, 94:3, 201-212, DOI: 10.1080/0025570X.2021.1908785, https://doi.org/10.1080/0025570X.2021.1908785