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Fundamental Theorem of Poker
 
 
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Fundamental Theorem of Poker

Article written by David Reaney
Monday, September 01, 2008

The fundamental theorem of poker was first stated by David Sklansky, widely regarded as a top expert on matters related to gambling, with special expertise in poker theory. Author of the book, The Theory of Poker, Sklansky has won the World Series of Poker three times. His book is considered a must-read for anyone who plays or aspires to play poker. His poker thesis is based on both sound science and expert experience.

Simply stated, this poker theorem says:

“Every time you play a hand differently from the way you would have played it if you could see all your opponents' cards, they gain; and every time you play your hand the same way you would have played it if you could see all their cards, they lose. Conversely, every time opponents play their hands differently from the way they would have if they could see all your cards, you gain; and every time they play their hands the same way they would have played if they could see all your cards, you lose.”

Poker is a game that depends on good decision-making, Any poker hypothesis, Sklansky believes, must rest on that reality, on that sound poker assumption. For every hand, there are a series of possible decisions that are based on the concept of expected value. For example, if a decision based on poker supposition is made a number of times with identical odds, the expected value expresses the average payoff of that decision.

Wikipedia explains Sklansky’s poker postulation as follows: “If you could see all your opponents' cards, you would always be able to calculate the correct decision with mathematical certainty. (This is certainly true heads-up, but is not always true in multi-way pots.) The less you deviate from these correct decisions, the better your expected long-term results. “

Another unspoken poker inference, but equally fundamental principle of poker or logical poker premise, is to cause your opponents to make mistakes, either by sound play or by bluffing. So, making the correct decision, based on several vectors, will cause your play to generally succeed. And isn’t that the goal of every serious poker player?



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