Quote:
Originally Posted by WOLVER1NE
Chess is a "solvable" game, yet being far from being solved nowadays afaik. Also, it's a "complete information" game.
Poker OTOH is not a "solvable" game. U can say a ****ton about odds and EV, but that alone doesn't solve poker. Obv, poker is an "incomplete information" game.
Not sure it's really wise to go on a huge discussion trying to compare both games to one another.
There should really be a FAQ somewhere about game theory as applied to poker because the same fundamental errors crop up again and again on 2+2.
There *is* a Nash equilibrium for any form of HU poker. The complete versus incomplete information distinction does not have any bearing on this. It just makes the game tree vastly bushier than it would have been. Same deal with variable bet sizing.
Most game theory whizzes speculate that there can't be a Nash equilibrium for multiway-poker because of the possibility of non-cheating collusive behaviors.
(The simple illustration is a 3-handed LHE game where SB just 3-bets 100% when his friend opens OTB, but both play optimally in other positions. This will cost the third player $ when he is in the BB unless he adjusts, and if he adjusts he is now exploitable and no longer GTO.)