pocketzeroes is correct.
Basically it boils down to this:
Against a static strategy, the EV of your non-JJ hands is completely independent from the strategy you use for JJ. So you definitely don't affect the EV of other hands by changing your strategy for JJ, your opponent is still playing exactly the same against those other hands.
And changing the frequencies for JJ between several choices of equal EV also doesn't change your EV for JJ itself. (The choices need to be exactly equal EV in order to be played mixed in a NE.)
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So here we have a game where A is playing a mixed strategy. Yet it is not the case that it doesn't matter what his frequencies are in round 1. If he unilaterally changes his strategy such that he never turns over his 1, his expectation in the game is now zero.
Then the two options were obviously not equal EV, and if they aren't then they can't be played mixed in a NE. You didn't mention B's strategy, but you seem to assume that B doesn't wager at all. Your are not in a NE in that case, A could exploit this by simply turning over all his 1s in round 1.
In your game the NE would look like this:
A: Turn 1s 50% of the time in round 1.
B: Wager 5% of the time in round 2.
A is indifferent to turning, he either receives 1 immediately or 20 in the 5% that B wagers.
B is indifferent to wagering, as he is exactly breaking even.
Last edited by plexiq; 08-04-2017 at 04:43 AM.