Originally posted by trev33
you need to mix up your betting... if you have the same tactics throughout you will become very predictable.
plus when someone bets $1 are we allowed to re-raise $1 as in normal poker?
whatever way you look at it though i can't find a reason for checking with a king... if your opponent has a queen xe will assume that you've just checked with a jack and es to steal the pot... but after seeing you do that once xe is unlikely to fall for it again.
The allowed bidding in the problem does not include re-raises, it gets quite complicated enough without them!
If you always raise with a king, then the opp knows that any pass by you is a queen or jack. Therefore holding the jack he will be more able to put you on the spot by raising, in the knowledge that you don't have a totally safe take. This lets him win some of his jacks against your queens.
When you have a queen as P1 and you pass and hear a raise:
You gain $2 if you see the raise and P2 has a jack
You lose $2 if you see the raise and P2 has a king.
You lose $1 if you fold and P2 has a jack
You lose $1 if you fold and P2 has a king.
Therefore your "profit" when P2 has the king is reduced by $1 if you see.
Your "profit" when P2 has the jack is increased by $3 if you see.
So you should only fold if P2 is >=3 times more likely to have a king than a jack
This brings us down to only 4 probabilities to determine.
P1 strategy:
Hold King, raise with probability A
Hold Queen, Pass.
Hold Jack, raise with probability B
Hold queen, hear raise, fold if C/D >= 3, call otherwise.
Hold king, hear raise, call
Hold jack, hear raise, fold.
P2 strategy:
Hear raise, hold king, see
Hear raise, hold queen, fold if A/B >= 3, hold otherwise
Hear raise, hold jack, fold
Hear pass, hold king, raise with probability C
Hear pass, hold queen, pass.
Hear pass, hold jack, raise with probability D