Pokernomics.com

About the Project | Steven Levitt | FAQ| Send us your hand history

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Pokernomics

Understanding Successful Poker Play

How much more successful can a player be if he knows the odds? What are the best betting strategies for getting the most money out of a winning hand? Are there simple betting strategies that can be used to win money even with losing hands? To what extent does position from the button and position relative to other players matter? Does having a big stack of chips allow a player to bully others and win more of their money? Do people lose big after winning a big hand, or does success follow success? These are some of the many questions we would like to answer.

Our goal is to understand the factors that make players successful at poker. Many people have written books on poker theory, but there has yet to be a systematic analysis using actual data on what works and what doesn't. University of Chicago economist Steven Levitt hopes to change this and perform the first large scale analysis of poker.

How are we going to do this?

Every day, over 187 million dollars are wagered at online poker tables by over 2 million players worldwide. Recently, companies such as Poker Tracker have made keeping records of one's own play extremely easy. Individuals can now store tens of thousands, even millions of their own hands on their computers almost effortlessly. We at pokernomics.com are requesting that people send us their hand histories for analysis. We are particularly interested in analyzing the game of Texas Hold'em due to its immense popularity in the world of online poker. With the right dataset, we are confident that we can answer the questions above and many more.

How can I help?

If you are using software such as Poker Tracker to track your hand history, the best way to help is to send it to us. For a limited time, we offered a free analysis of people's hand histories. Unfortunately, at this time, we are no longer offering analyses to people who submit hands. If you'd still like to contribute to the Pokernomics Project, you may still submit your hands.