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More Proof Skill is Better Then Luck In Poker
The skill vs. luck debate regarding the game of poker was revived again this week by a report in Science Daily detailing the results of studies at the Case Western Reserve University in Cleveland which apparently showed that skill is the deciding difference when it comes to winning.
Michael DeDonno, a doctoral student at the university carried out two poker-related studies with students which he claims provides empirical evidence that it is skill and not luck that dominates the game.
In the first study, DeDonno had 41 university students play eight games totalling 200 hands of turbo Texas Hold'em, a computerised simulation of ten-player hold'em poker. The majority of the students had little experience playing poker but half were given charts ranking two-card combinations from best to the worst and were told that professional poker players typically play only about 15 percent of the hands they are dealt.
The other half was given background on the history of poker but with no strategies and did not fare as well as the group who were given strategies. Before starting the study, 64 percent of the students personally opined that winning at poker was 50 percent luck.
'If it had been pure luck in winning, then the strategies would not have made a difference for the two groups,' claims DeDonno.
To statistically verify the results, DeDonno conducted a second study with students playing 720 hands. Again the group was divided and while all students improved their playing with practice, it was the section given strategies that continued to do better.
DeDonno found that students reduced the average number of hands they played from 27 at the beginning to 15 after they were given strategies, which improved their games and validated that ‘fewer hands result in improved performance’
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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