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#46 (Bonus) - Arguing about probability (with Nick Anyos)

Increments

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Poker Probability Modeling

Nick Gillespie: Probability is all about the assumptions. He says professional poker players use Bayesian techniques, but they don't apply to the real world. To win in a poker game, we have very specified assumptions on how the card deck is behaving, he says. The Cascals say it's kind of foolish not to use expected value because this is how we navigate the worlds of uncertainty.

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