dorsal/arxiv
View SchemaUniversal statistical properties of poker tournaments
| Authors | Clément Sire |
|---|---|
| Categories | |
| ArXiv ID | physics/0703122 |
| URL | https://arxiv.org/abs/physics/0703122 |
| DOI | 10.1088/1742-5468/2007/08/P08013 |
| Journal | J. Stat. Mech. (2007) P08013 |
Abstract
We present a simple model of Texas hold'em poker tournaments which retains the two main aspects of the game: i. the minimal bet grows exponentially with time; ii. players have a finite probability to bet all their money. The distribution of the fortunes of players not yet eliminated is found to be independent of time during most of the tournament, and reproduces accurately data obtained from Internet tournaments and world championship events. This model also makes the connection between poker and the persistence problem widely studied in physics, as well as some recent physical models of biological evolution, and extreme value statistics.
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"abstract": "We present a simple model of Texas hold\u0027em poker tournaments which retains\nthe two main aspects of the game: i. the minimal bet grows exponentially with\ntime; ii. players have a finite probability to bet all their money. The\ndistribution of the fortunes of players not yet eliminated is found to be\nindependent of time during most of the tournament, and reproduces accurately\ndata obtained from Internet tournaments and world championship events. This\nmodel also makes the connection between poker and the persistence problem\nwidely studied in physics, as well as some recent physical models of biological\nevolution, and extreme value statistics.",
"arxiv_id": "physics/0703122",
"authors": [
"Cl\u00e9ment Sire"
],
"categories": [
"physics.soc-ph",
"cond-mat.stat-mech",
"physics.data-an"
],
"doi": "10.1088/1742-5468/2007/08/P08013",
"journal_ref": "J. Stat. Mech. (2007) P08013",
"title": "Universal statistical properties of poker tournaments",
"url": "https://arxiv.org/abs/physics/0703122"
},
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