Poker Theory: One Minus Alpha

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In his latest episode, Phil breaks down the meaning of the often-cited “one minus alpha,” and explains how it relates to good poker strategy.

00:00 One Minus Alpha
01:29 Make Your Opponent Indifferent to Bluffing
02:02 Example of a "Toy Game"
04:28 Theoretically Optimal Strategy
05:49 The Formula to Decide How Often to Bluff
07:13 Applying All This to Poker
09:56 What the Professionals Do

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Twitter: https://twitter.com/philgalfond
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Producer: Thomas Deming-Henes
Post Producer: Anne Johnson
Music: DJ Spinello
Category
Poker Online Games

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