Great piece. As a duplicate bridge and poker player, I could not agree more with your framework. Very clever. I'd never heard of Oh Hell until now but I'd love to try it some time.
As you say, poker has two major problems -- it only works with money on the line and at least as far as Hold Em is concerned, if you want to win, you probably fold 75% of the hands pre-flop and than another decent percentage post-flop. That's a lot of downtime and a big reason I've stopped playing.
The other problem with poker -- in a casino card room -- is that as a percentage of the pot, the rake has gotten too big. When I started playing 25 years ago, it was a $4 cap with maybe another $1 for the bad beat jackpot. Today, the rake is now closer to $10 cap with another $1 or $2 going into various jackpots. The economics don't work anymore as the pot size hasn't changed much in 25 years.
Great piece. As a duplicate bridge and poker player, I could not agree more with your framework. Very clever. I'd never heard of Oh Hell until now but I'd love to try it some time.
As you say, poker has two major problems -- it only works with money on the line and at least as far as Hold Em is concerned, if you want to win, you probably fold 75% of the hands pre-flop and than another decent percentage post-flop. That's a lot of downtime and a big reason I've stopped playing.
The other problem with poker -- in a casino card room -- is that as a percentage of the pot, the rake has gotten too big. When I started playing 25 years ago, it was a $4 cap with maybe another $1 for the bad beat jackpot. Today, the rake is now closer to $10 cap with another $1 or $2 going into various jackpots. The economics don't work anymore as the pot size hasn't changed much in 25 years.