It’s pretty well accepted that people play far, far different poker games when real money rather than fake money is on the line e.g.. I predict a similar outcome if karma were used to bet regularly.
On a system of poker for karma, I would expect that people (and their pokerbots) would play much, much better than people play in the “play money” games of online casinos. In online casino play money games, most people give away extra money in every single hand. In more complex play money poker games, such as http://gpokr.com, most of the money is won by people that are cheating by colluding, but at least they know how to play poker.
Karma poker should fall somewhere in between playing for real money and play money. People will play worse than they would with real money, but they won’t just throw their money away every single hand like people do with play money. We also won’t have the extent of collusion problems that gpokr has because the complete Bayesian history of every player will be available for analysis and people can call collusion whenever they see it.
We could eventually set up a karma poker market. 1v1 Texas Hold’em is a game that bots can currently win against humans.
It’s pretty well accepted that people play far, far different poker games when real money rather than fake money is on the line e.g.. I predict a similar outcome if karma were used to bet regularly.
On a system of poker for karma, I would expect that people (and their pokerbots) would play much, much better than people play in the “play money” games of online casinos. In online casino play money games, most people give away extra money in every single hand. In more complex play money poker games, such as http://gpokr.com, most of the money is won by people that are cheating by colluding, but at least they know how to play poker.
Karma poker should fall somewhere in between playing for real money and play money. People will play worse than they would with real money, but they won’t just throw their money away every single hand like people do with play money. We also won’t have the extent of collusion problems that gpokr has because the complete Bayesian history of every player will be available for analysis and people can call collusion whenever they see it.
We could eventually set up a karma poker market. 1v1 Texas Hold’em is a game that bots can currently win against humans.