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March 21, 2008

 In a game of luck, instruction and strategy are immaterial. This was the premise that guided Michael Dedonno and Dr. Douglas K. Detterman on their quest to determine if poker was a game of skill. Their paper in the current issue of Gambling Law Review, aptly titled "Poker is Skill," details the process and results of experiments conducted at Case Western Reserve University to determine if poker was a game of luck or skill. Their title obviously cuts to the chase.

In each of their studies, two groups of poker novices were supplied with the basic rules of poker. Each participant played a predetermined number of hands against simulated opponents using Wilson's Texas Hold'em software.

After a set number of hands, the treatment group was supplied with poker instructional material, including a ranking of starting hands, the importance of paying attention to the actions and decisions of other players, and the concept of playing fewer hands. In their first study, which had a total sample size of 200 hands, the treatment group statistically outperformed the control group after instruction. To improve the reliability of their results, they performed a second study which increased the sample size to 720 hands, provided an incentive based contest to optimize player motivation, and included additional strategy advice to the treatment group. The additional instruction included the concept of outs, pre-flop, flop, turn and river play. Again, the treatment group statistically outperformed the control group. With the higher sample size, the reliability of their findings was also improved. One predominant difference between the two groups in both studies was that after instruction, the treatment group consistently played fewer hands. Another interesting side note to the investigation was that neither group posted a winning session over the course of the studies, although the control group sustained far greater losses.

In their conclusions, DeDonno and Detterman stated that "the reason that poker appears to be a game of luck is that the reliability of any short session is low." They noted that with their second study which featured a sample size of 720 hands, simulating approximately 30 hours of casino play, reliability was markedly improved. They went on to conclude, "Luck (random factors) disguise the fact that poker is a game of skill. However, as these studies show, skill is the determining factor in long-term outcome."


 Harrah's Entertainment has officially announced the dates and sites for the second annual World Series of Poker Europe Presented by Betfair. The 2008 edition of Europe's WSOP outpost will again be held at the same three London Clubs International casinos that hosted the inaugural event last year --- St. James (Fifty), Leicester Square (The Casino at the Empire) and Marble Arch (Sportsman). The 2008 WSOPE will run from September 19th to October 1st, 2008, with the specific dates for the events still being worked on at this time.

Betfair returns as the title sponsor for the series, and boasts returning WSOPE Main Event champion Annette "Annette_15" Obrestad of Norway as one of its pro-player
endorsers. The young Internet star proved that her online success was no fluke as she topped a field of the world's finest, including former WSOP ME winners and poker legends Doyle Brunson, Phil Hellmuth and Johnny Chan. Obrestad's victory was worth £1 million ($2,013,102), the largest poker prize ever won by a woman. Obrestad remains too young to compete in US-based WSOP events, with their higher age-21 minimum, but will be on hand in London to defend her title.

"It was a clean sweep for the Europeans last year," said World Series of Poker Commissioner Jeffrey Pollack. "There are many, many talented players in the European poker community and I think it caught some of the world's best known poker players by surprise. It's safe to say the pros haven't forgotten about last year and the young guns should expect a tougher fight in 2008."

"Last year produced a fantastic tournament which exceeded all expectations," said David Yu, CEO, Betfair, also noting that online qualifiers for WSOPE have begun on the site.

 

 

 

 

 


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