Poker is a competitive, social game of skill and luck, which presents players with numerous challenging strategic and interpersonal decisions. The adaptation of poker into a game played over the internet provides the unprecedented opportunity to quantitatively analyze extremely large numbers of hands and players. This paper analyzes roughly twenty-seven million hands played online in small-stakes, medium-stakes and high-stakes games. Using PokerTracker software, statistics are generated to (a) gauge the types of strategies utilized by players (i.e. the ‘strategic demography’) at each level and (b) examine the various payoffs associated with different strategies at varying levels of play. The results show that competitive edges attenuate as one moves up levels, and tight-aggressive strategies–which tend to be the most remunerative–become more prevalent. Further, payoffs for different combinations of cards, varies between levels, showing how strategic payoffs are derived from competitive interactions. Smaller-stakes players also have more difficulty appropriately weighting incentive structures with frequent small gains and occasional large losses. Consequently, the relationship between winning a large proportion of hands and profitability is negative, and is strongest in small-stakes games. These variations reveal a meta-game of rationality and psychology which underlies the card game. Adopting risk-neutrality to maximize expected value, aggression and appropriate mental accounting, are cognitive burdens on players, and underpin the rationality work–reconfiguring of personal preferences and goals–players engage into be competitive, and maximize their winning and profit chances.
We are happy for friends and relatives to play at the same tables as each other.
However, please consider:
You cannot share your account with anyone else. Multiple account use is also prohibited.
You are expected to play just as competitively against your friend as you would against any other player, and you must not share any information about your game or make any playing agreements in secret (doing so is collusion, which is strictly prohibited).
If you have an agreement to share a bankroll, stake, or split profits with your friend, then in the interest of game integrity, you must not play at the same cash game table or in the same Sit & Go tournament. Pkv Games usually offer the best online deals.
Players who live in the same household, whatever their relationship is, must not play at the same cash game table or in the same Sit & Go tournament. In some cases, this restriction will be imposed automatically by the software.
This restriction does not apply to our Home Games, designed specifically to let you set up your private poker club.