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Equilibrium strategy for half-street [0,1] poker game, no-limit (from "The mathematics of po...

I have been trying to understand Example 14.3 from p154 of Bill Chen's and Jerrod Ankenman's book The Mathematics of Poker without much success. … Their answer looks a lot like the one Newman gave in his 1953 paper, "A Model for Real Poker", which was probably the first ever analysis of this game. …
Willie Betmore's user avatar