The Wall Street Journal:
More than 6,300 players, each paying an entry fee of $10,000, gathered in Las Vegas early this month for the championship event of the 44th annual World Series of Poker. The tournament ran for 10 days, and just nine players now remain. They will reunite in November for a two-day live telecast to determine who wins the first prize: $8.3 million.
This growth over the past decade has been accompanied by a profound change in how the game is played. Concepts from the branch of mathematics known as game theory have inspired new ideas in poker strategy and new advice for ordinary players. Poker is still a game of reading people, but grasping the significance of their tics and twitches isn’t nearly as important as being able to profile their playing styles and understand what their bets mean.
Read the whole story: The Wall Street Journal