Thursday, October 29, 2009

Poker Tournaments

When playing in expensive Poker Tournaments the smallest prize that is attractive to you as a player may help you in risk taking that is required to win. This cannot be worthwhile to you and with respect to personal utility.If you usually play in $20 tournaments and it happens that you qualify for $20,000 in the main event WSOP; when you happen to win to win the smallest prize like $4,000 it can be a huge prize to you and you will be perfectly rational. Eliminations will discourage you but also victory could mean something and values vary from one player to another. Poker Tells are actions and behavior of the opponent player.

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