The game of poker has grown in popularity all over the world during the past decade and so has the debate on whether poker is a game of skill or a game of chance. A number of Massachusetts Institute of Technology (MIT) graduates in the past have proven that you can get ahead in the game of poker if you rely on a strategy that involves mathematics and applied theory.
During the 1990s, an MIT Blackjack Team used similar strategies to win hundreds of thousands of dollars and would later go on to release a book entitled ‘Bringing Down The House” which documented the team’s exploits.
Now MIT has decided to make available a free online poker course that will teach interested poker players how to improve their online poker strategy by using math and applied theory.
Currently only Nevada, New Jersey and Delaware have legalized online poker but there are more than five states debating the possibility of legalizing online poker. However the online poker market in Europe and Asia has grown considerably over the years and online poker players are always looking for ways to improve their online poker strategy.
MIT recently announced the availability of its new course “Poker Theory and Analytics” which will be made available free of cost this summer. This course will be a part of the OpenCourseWare initiatives from MIT and will consist of eleven lectures, PDF’s of class notes and a syllabus. The class will be taught by Kevin Desmond who is an MIT finance graduate and an analyst at Morgan Stanley.
The MIT course will focus on helping online poker players master the basics and also look at factors that most poker players don’t pay attention to. Some of these factors will include betting and raising patterns, seating arrangements and judging the future behavior of one’s opponents based on past behavioral patterns. The course will prepare individuals on a number of topics by equipping them with strategies that they can use in their everyday life. One such example will be risk management and the takeaways from this topic can be used by investors to get ahead of the game.
The course will also require attendees to play online poker and practice what you have learnt in the class. However only fake money will be used as part of the learning process so that none of the attendees will have to pay from their pocket for practical classes.