Re: Game Theory: Unusual Question #3 and #4
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I have assumed that if the average raising hand is X and the average calling hand is Y, then the raiser will win X /(X+Y) percent of the time and the caller will win Y /(X+Y) percent of the time.
Any thoughts on this? If I am getting a number between 0 and 1 and you are getting a number between .25 and 1, how often do you win? For reference, computing it my way the split is .44 repeating to .55 repeating (5 to four in favor of the .25 to 1 number. Think I will go monte carlo that to see what what develops.
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This appears to be in error, a quick monte carlo is showing the .25 to 1 hand winning about 62% of the time, not 56%, any know the propper way to calculate this value? I'll give it some thought, but if anyone has already cracked this nut I'd love to hear the answer.
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