This is a rough draft of an article I'm working on, the first in a handful of game theory articles. Some of them will deal with naked ace theory in PLO, and the scenario this one covers is similar.
This article will cover a simple contrived multi-street nuts-or-nothing betting scenario that can be solved using game theory.
The rules are simple. Pot-limit structure where you must bet pot. The game: two opponents Player A and Player B each hold a single spade. Pot contains 1 unit. Player A has and is known by B to have, the Ten of Spades. Player B's spade is ...
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