Poker Theory: One Minus Alpha

In his latest episode, Phil breaks down the meaning of the often-cited “one minus alpha,” and explains how it relates to good poker strategy. 🔐Become Elite ➡️ https://galfond.link/JoinPokerElite 📈 Beat NLHE ➡️ https://galfond.link/BeatNLHEFast 📈 Beat MTTs ➡️ https://galfond.link/BeatMTTsFast 📈 Beat PLO ➡️ https://galfond.link/BeatPLOFast 🎁 3 Free training videos: https://galfond.link/Free-Poker-Training 00:00 One Minus Alpha 01:29 Make Your Opponent Indifferent to Bluffing 02:02 Example of a "Toy Game" 04:28 Theoretically Optimal Strategy 05:49 The Formula to Decide How Often to Bluff 07:13 Applying All This to Poker 09:56 What the Professionals Do Follow Phil: Twitter:   / philgalfond   Instagram:   / phil.galfond   Producer: Thomas Deming-Henes Post Producer: Anne Johnson Music: DJ Spinello