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Poker Theory and Analytics course - Open Source videos and other resources
I have seen a few comments about the forum being in decline etc. Personally I really like the forum but whatever your opinion...
Maybe if we try and start a few more interesting threads it can prompt better general discussion.
In that vein, I am posting this MIT 'Poker Theory and Analytics' course by Kevin Desmond. I am using a spell when I have more time to spend on poker to brush up on the basics and then consider some more advanced topics. Not sure if anyone has watched this before or whether they found it useful or not. Thought it would be a decent starting point for myself though.
If anyone else wants to watch any of it and maybe discuss some of the content here maybe it could be helpful to all concerned.
This is 'Open Course Ware' so is out there in the public domain for anyone to view.
It all starts off very basic so depending on the level you are at you may want to skip to lecture 2 or 3.
Links:
Youtube link to first lecture (can easily find links to the subsequent lectures from that page)...
YouTube link to 'Poker Theory & Analytics' - lecture 1
Link to the actual course on the MIT site with access to other related resources is avaliable here.
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Comments
I actually chose to watch these as I thought the content would have been scrutinised more compared to the average stuff you may find online as they were part of an MIT course.
Time will tell and the proof will be in the pudding.
The lecturer seems knowledgeable thus far. He apparently has some form of poker background although is more known for his knowledge of the finance industry. He suggests that poker and finance are basically the same thing as they are about evaluating risk.
There are also guest appearances from poker pros such as Bill Chen.
More info on the course is available here.
“So you’ll hear people talk about like ‘Oh I had ten big blinds’ or fifteen big blinds or whatever to talk about their chip stack but that has the fundamental problem of...um...it...it has a lot of different problems. One is it doesn’t, um, it doesn’t tell the story of...so blinds - so the usual blind levels are one/two or two/four where the big blind is just twice the small blind...so that’s just like the assumption. But if you’re at a blind level that’s at, like, one/three and then like..or three/five the number of big blinds you have is not indicative of...of...anything. It’s not indicative of, like, how many hands you can see or how much you care about winning a pot pre flop. So using big blinds is bad. In addition to, once you start having like..if you’re fifty/a hundred blinds and you have an ante of, like twenty-five, like you, like, have basically half the stack that you had before in realistic terms.”
It looked 'interesting' so thought I would post the links here in the hope others may watch and discuss it too and hopefully we can get some decent chat going
That discussion could well look like... "Wow, that is some bad advice, it would be better to do x, y or z".
I watched the intro, skipped lecture 2 and watched lecture 3. I found lecture 3 could be very valuable to anyone who is not considering their pot odds properly. It doesn't consider everything but seemed decent.