medium · Poker Theory Foundations
According to the master profit equation, why is an equilibrium strategy (GTO) expected to lose money in a standard online cash game?
- A balanced range prevents you from ever winning a large pot
- Equilibrium strategies do not account for opponent errors (sum L_i)
- GTO play is only designed for heads-up zero-sum play
- The house rake (R) extracts chips regardless of strategic balance
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