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Measuring Skill in More-Person Games with Applications to Poker

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Author Info
Hendrickx, R.L.P.
Borm, P.E.M.
Genugten, B.B. van der
Hilbers, P. (Tilburg University, Center for Economic Research)

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Abstract

In several jurisdictions, commercially exploiting a game of chance (rather than skill) is subject to a licensing regime. It is obvious that roulette is a game of chance and chess a game of skill, but the law does not provide a precise description of where the boundary between the two classes is drawn. We build upon the framework of Borm and Van der Genugten (2001) and Dreef et al. (2004) and propose a modification of the skill concept for more-person games. We apply our new skill measure to a simplified version of poker called Straight Poker and conclude that this game should be classified as a game of skill.

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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2008-106.

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Date of creation: 2008
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Handle: RePEc:dgr:kubcen:2008106

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C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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  1. Marcel Dreef & Peter Borm & Ben van der Genugten, 2004. "A new relative skill measure for games with chance elements," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 25(5), pages 255-264. [Downloadable!]
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  2. Dreef, M. & Borm, P. & Genugten, B. van der, 2002. "On strategy and relative skill in poker," Discussion Paper 59, Tilburg University, Center for Economic Research. [Downloadable!]
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This page was last updated on 2009-11-25.

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