Cash or nothing
I’ve previously discussed applying game theory to poker and other decision-based games.
1 mark out of 10 “guessed” correctly
An example involved a game Neil Channing mentioned in Vegas, where a player hid a cash chip behind his back and bet that the guesser couldn’t choose the correct hand. On presenting both hands, one would be thrust forward to mislead the guesser. Despite this tactic, only 1 in 10 guessed correctly, using game theory. The method is detailed here.
Squid in a box
At the International Poker Open, WPTGlobal’s Thomas Murphy wanted to film a game of “Squid in a box” between David Lappin and me. This game, a twist on “Carrot in a box,” involves two players and two sealed boxes, with a carrot inside one. Player 1 reveals a box and Player 2 guesses its contents.
Lappin suggested using game theory to enhance the game
To add intrigue, Lappin proposed using game theory. I used random.org on my phone to decide whether I’d answer truthfully or not, eliminating any bias Lappin might anticipate based on our familiarity.
What I forgot
Knowing I used a random choice, Lappin questioned me. He realized I was aware of my truthfulness, allowing him to read me. I then saw my strategy was flawed. Ideally, I shouldn’t have checked the box contents, letting the random number decide my claim about the squid.
The game ended with Lappin stating he guessed without reading me. Was this true? You can watch the short clip and decide.
- SCCG Management. The Gambling Industry’s Global Connector. Access Here.
- Source: SCCGManagement.com