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Old 09-23-2005, 06:33 PM
econ_tim econ_tim is offline
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Join Date: Jul 2005
Location: Cambridge
Posts: 36
Default Re: Wow was FCP wrong

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From a Bayesian perspective is it possible to get close to the true EV but it still impossible to get the true EV. You would need an infinitely large data set to make your hand distribution 100% accurate.

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I don't want to be too picky, but for Bayesian statisticians, there is no "true" underlying distribution, just our conditional expectations. A Bayseian starts with a set of beliefs, or prior probability weights, and then updates those beliefs when they receive new information.

I think poker players have to be Bayesians since there is no known distribution of poker player types.

But this has to do more with philosophy than O8. I think we are both saying the same things using differnt terms.
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