When to Hold ’Em

Peter Tingley; Kaity Parsons; Emma Zajdela

doi:10.1080/0025570X.2021.1908785

When to Hold ’Em

Peter Tingley, Kaity Parsons, Emma Zajdela

Department of Mathematics and Statistics

Research output: Contribution to journal › Article › peer-review

Abstract

We consider the age-old question: how do I win my fortune at poker? First a disclaimer: this is a poor career choice. But thinking about it involves some great math! Of course, you need to know how good your hand is, which leads to some super-fun counting and probability, but you are still left with questions: Should I hold ’em? Should I fold ’em? Should I bet all my money? It can be pretty hard to decide! Here we get some insight into these questions by thinking about simplified games. Along the way we introduce some ideas from game theory, including the idea of Nash equilibrium.

Original language	American English
Journal	Mathematics Magazine
Volume	94
Issue number	3
DOIs	https://doi.org/10.1080/0025570X.2021.1908785
State	Published - Jun 23 2021

Keywords

MSC: 91-01

Disciplines

Physical Sciences and Mathematics
Mathematics

Access to Document

10.1080/0025570X.2021.1908785License: Unspecified

Cite this

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ER -

When to Hold ’Em

Abstract

Keywords

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