Here's a story of how I created the world’s first No-Limit Holdem poker solver and made $500k by age 23
I had to keep details secret since 2013, but now you can read how I went from near broke mid-stakes player to making business with Kanu, Trueteller and RaulGonzalez.
Short version below.
Full version here
My journey began in 2008 when I discovered online poker. I instantly recognized the opportunity and in just 18 months, I progressed from microstakes to regularly playing up to $1000 buy-in games, won $40k, and moved out of my parents' house
What really bothered me though was that I had to grind poker every day.
In one-on-one poker, there's an unbeatable strategy called the Nash Equilibrium. As a math student, proving its existence in poker was easy, but actually calculating it was another matter
Eventually I succeeded!
In January 2013, following months of experimentation and research, I finally developed the program. It approximated the Nash Equilibrium for No-Limit Hold'em from the flop with two active players, assuming a limited amount of bet sizes.
The program started with a random strategy and improved with each iteration as it played against itself, and increased the frequency of more profitable actions, relying on the Monte-Carlo Counterfactual Regret Minimization algorithm
I aimed to sell my software for $50,000 per person to elite players in high-stakes games. These top players couldn't hire coaches because anyone better than them was also a competitor at the tables, making my software a unique learning tool in their arsenal.
Despite being able to verify the optimality of calculated strategies programmatically, I still faced skepticism from potential customers. The significance of the breakthrough led some to outright dismiss my demo offers, suspecting a scam.
Ultimately, it was a specific unconventional move that convinced my first and most important customer, Trueteller
Back in 2012, consensus poker wisdom dictated always checking the turn after a check-call on the flop. Yet, the solver suggested a 11% bet here
recognized that such a unique move could only be produced by a genuine solver, not a set of hardcoded rules or simple heuristics
I also reached out to Alex Millar through a DM here on the twoplustwoforum. He and his group of friends expressed significant interest, noticing solver's deep understanding of blocker cards and a precise balance between bluffs and strong hands
Over several weeks, we negotiated a $200,000 deal. By the end of it, I had only $6,000 left in my account, as I've poured everything I had into developing the software. I was determined not to rush the negotiations, understanding that haste could result in accepting a lower offer
Later that year, I created an Omaha solver, which I eventually sold for $300k, bringing my total earnings for the year to $500k. This was six times more than what I had earned as a poker player the previous year, marking a significant leap in my career and financial well-being.
You can read the full story here:
https://medium.com/@olegostroumov/wo...r-6b1dbe80d0ee
And play a solver demo here:
https://holdem.olegsolvers.com/
Twitter where I'm going to post more stories:
https://twitter.com/OlegOstroumov
https://twitter.com/Kanupoker/status...957444713?s=20
https://twitter.com/TTimofey_K/statu...15251369623979
Happy to answer your questions.
–Oleg