3 Bet Poker Definition
For example Jack/10 or 3/4. Continuation Bet: In some forms of poker, a type bet that is made after the flop by the player who opened the betting in the first round. Cooler: A situation where a very good hand is beaten by one even better. For example, four of a kind being beaten by a straight flush. Three-Bet Commonly used to refer to an initial reraise before the flop. The term has its origins in fixed-limit games where an initial raise is worth two bets, then the reraise is equal to three. Pot Odds: The Definition. The odds which are being offered to you when your opponent bets are called pots odds. Essentially it is how much you will win vs how much you have to risk – your risk to reward ratio. This is particularly useful when in a situation where you're facing a bet with a drawing hand (such as a flush draw). When you make a second raise or re-raise. The blinds are considered the first bet, the raise is the second bet, and the re-raise would be the third bet, or 3-bet. John posts the small blind of $1 and Rob posts the big blind of $2. Tom in middle position pre-flop raises to $6. Jason in late position 3-bets to $18.
Specifying as gtree game
We specify the game in gtree as follows:
To better understand the definition and to check whether we have correctly specified the game, it is useful to take a look at the outcomes:
Poker Bet Terms
| card1 | card2 | cb1 | cb2 | fc2 | fc1 | folder | winner | gave1 | gave2 | pot | payoff_1 | payoff_2 | util_1 | util_2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | check | check | NA | NA | 0 | 2 | 1 | 1 | 2 | -1 | 1 | -1 | 1 |
| 1 | 2 | check | bet | NA | fold | 1 | 2 | 1 | 2 | 3 | -1 | 1 | -1 | 1 |
| 1 | 2 | check | bet | NA | call | 0 | 2 | 2 | 2 | 4 | -2 | 2 | -2 | 2 |
| 1 | 2 | bet | NA | fold | NA | 2 | 1 | 2 | 1 | 3 | 1 | -1 | 1 | -1 |
| 1 | 2 | bet | NA | call | NA | 0 | 2 | 2 | 2 | 4 | -2 | 2 | -2 | 2 |
| 1 | 3 | check | check | NA | NA | 0 | 2 | 1 | 1 | 2 | -1 | 1 | -1 | 1 |
Look at the first row. We see from cb1 and cb2 that this corresponds to an outcome in which both players check. The variables fc2 and fc1 take NA values because there is no decision to fold or call if both players check.
3 Bet Poker Definition Us History
Formulas in the game definition will be internaly evaluated in a vectorized fashion over similar data frames and may take NA values. The helper function is_true takes a logical vector and replaces NA values with FALSE. I use this function in the game definition where a condition must evaluate to either TRUE or FALSE while NA values are not allowed.
You may also take a look at the definition of card2 in the first stage. Here the set of the random variable is a formula and depends on the previously computed value of card1.
Let us also take a look at the game size:
What Is 3 Bet
While the number of pure strategy profiles is not really small, the game still seems of tractable size for numerical analysis.