William Atkins
Wednesday, 13 January 2010 19:34
Science -
Biology
Page 1 of 3
Although it sounds crazy, a Cornell University study found that the more hands a poker player wins while playing online Texas Hold'em, the more money the player loses in the long run. Before you place your bets, read this story.
U.S. sociology doctoral student
Kyle Siler (from the Department of Sociology, Cornell University in Ithaca, New York) analyzed approximately 27 million online No-Limit Texas Hold’em poker hands with a software package called
PokerTracker.
Texas hold 'em is a type of poker. The game consists of two cards being dealt face down to each player and then five 'community cards' are placed by the dealer.
The five community cards consist of a series of three cards ('the flop') and, then, two additional single cards ('the turn' and 'the river'). Players have the option to check, bet, or fold after each deal.
The January 13, 2010 Cornell University news release “
Online poker study: The more hands you win, the more you lose” is found within EurekAlert.org.
The conclusions of Siler’s study are found in the December 2009 issue of
The Journal of Gambling Studies.
Its title is “
Social and Psychological Challenges of Poker” (online beginning December 25, 2009, DOI: 10.1007/s10899-009-9168-2).
Page two continues. Are you ready to bet yet?