Bluffing Beyond Poker

  • CategoryOther
  • TypeE-Books
  • LanguageEnglish
  • Total size804.8 KB
  • Uploaded Bymicand123
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  • Last checkedMay. 20th '18
  • Date uploadedJun. 21st '11
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This paper introduces a model for bluffing that is relevant when bets are sunk and only actions determine the winner. Predictions from poker are invalid in suck nonzero sum games. Bluffing (sandbagging) occures when a weak player seeks to deceive his opponent into thinking that he is strong. A player with a moderate valuation should bluff by making a high bet and dropping out if his bluff is called. A player with a high valuation should vary his bets and should sometimes sandbag by bidding low, to induce lower bets by his rival.

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