Re: Game Theory Blufiing Question
Theory of Poker has a chapter on it. Here's a quote which answers your question:
When using game theory to decide when to bluff, you must determine the pot odds your opponent is getting if you bet and then randomly bluff in such a way that the odds against your bluffing are identical to or almost identical to your opponent's pot odds. If your opponent is getting 5-to-1, the odds against your bluffing should be 5-to-1.
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