Pokerbots

Computer poker players are computer programs designed to play the game of poker against human opponents or other computer opponents. They are commonly referred to as pokerbots or just simply bots.

These bots or computer programs are used often in online poker situations as either legitimate opponents for humans players or a form of cheating. Whether or not the use of bot constitutes cheating is typically defined by the poker room that hosts the actual poker games. Most if not all card rooms forbid the use of bots although the level of enforcement from site operators varies considerably.

Player bots

The subject of player bots and computer assistance, while playing online poker, is very controversial. Player opinion is quite varied when it comes to deciding which types of computer software fall into the category unfair advantage. One of the primary factors in defining a bot is whether or not the computer program can interface with the poker client in other words, play by itself without the help of its human operator. Computer programs with this ability are said to have or be an auto player and are universally defined to be in the category of bots regardless of how well they play poker.

The issue of unfair advantage has much to do with what types of information and artificial intelligence are available to the computer program. In addition, bots can play for many hours at a time without human weaknesses such as fatigue and can endure the natural variances of the game without being influenced by human emotion or tilt. On the other hand, bots have some significant disadvantages - for example, it is very difficult for a bot to accurately read a bluff or adjust to the strategy of opponents the way humans can. In addition, bot operators have to beat the rake in addition to their opponents. For this reason, many bots can only be reasonably expected to generate a reliable profit at the lowest stakes.

House enforcement

While the terms and conditions of poker sites generally forbid the use of bots, the level of enforcement depends on the site operator. Some will aggressively seek out and ban bot users through the utilization of a variety of software tools. The poker client can be programmed to detect bots although this is controversial in its own right as it might be seen as tantamount to embedding spyware in the client software. Another method is to use CAPTCHAs at random intervals during play.

House bots

The subject of house bots is even more controversial due to the conflict of interest it potentially poses. By the strictest definition, a house bot is an automated player operated by the online poker room itself, although some would define more indirect examples for example, a player operating bots with the knowledge and consent of the operator as house bots as well. These type of bots would be the equivalent of brick and mortar shills.

In a brick and mortar casino a house player does not subvert the fairness of the game being offered as long as the house is dealing honestly. In an online setting, the same is also true. By definition, an honest online poker room, that chooses to operate house bots, would guarantee that the house bots did not have access to any information not also available to any other player in the hand the same would apply to any human shill as well. The problem is that in an online setting the house has no way to prove their bots are not receiving sensitive information from the card server. This is further exacerbated by the ease with which this can be accomplished in a digital environment without being detected. For the house to even prove they are not using any house players to begin with is essentially impossible - probably the only real way that could be done would be to disclose the confidential personal information of every player and that obviously cannot be done due to privacy considerations.

Financial betting refers to the wagering on the price development of a financial instrument at some later date relative to the current price or level of the instrument, against odds offered by a bookmaker. Maximum potential pay-off of the wager is known when the bet is taken and as a corollary risk is known beforehand by being limited to the initial stake.

Financial betting instruments are a type of digital option. The outcome of the wager at settlement is binary, that is, either a win or a loss. Settlement is executed in cash and there is no delivery of the underlying asset. At any point in time prior to the settlement date bets can often be sold, allowing for possibilities to bet on the accuracy of a market move within the fixed limits of zero win loss of the stake and maximum potential win. A fee might sometimes be charged for this service.

The main difference between financial betting and speculation on financial markets using products such as financial spread betting is that the bet must result in a simple binary win or loss based on an event on the underlying financial instruments. This triggers a fixed payout for a win, while with spread betting the payout or loss varies with the price level of the underlying instrument. Within financial floating odds the odds change for a given strike price as the price of the underlying changes. The floating odds company calculates odds for different strikes and how much can be won upon settlement depends on how much is bet at those odds.

Within financial fixed odds betting, the odds are fixed, while the strike price where a win is achieved relative the current level changes. The fixed odds company will calculate how much has to be bet to win a certain amount upon settlement if the conditions of the prediction become true.

Bouillotte

Bouillotte, a vying 18th century French gambling card game of the Revolution, based on Brelan, very popular during the 19th century in France and again in America for some years from 1830. Bouillotte is regarded as one of the games that influenced the open-card stud variation in poker.

A piquet pack is used, from which, in case five play, the sevens are removed. When four the knaves, and when three the queens are omitted. The ace is the highest card in play and in cutting. Counters or chips, as in poker, are used. Before the deal each player antes one counter to the pot, after which each, the age passing, may raise the pot; those not seeing the raise being obliged to drop out.

Three cards are dealt to each player, and a thirteenth, called the retourné, when four play, turned up. Each player must then bet, call, raise or drop out. When a call is made the hands are shown and the best hand wins. The hands rank as follows:

Simple Brélan, three of a kind, ace being high.

Brélan Carré, four of a kind, one being the retourné.

Brélan Favori, three of a kind, one being the retourné.

If more than one player has a brélan, the best is one that matches the rank of the turn up a brélan carré, or squared-up brelan. If none matches, that of highest rank wins. Any player with a brelan receives a side-payment of one chip, two if it is a carré, from each opponent.

If no player holds a brélan, the hand holding the greatest number of pips wins. All hands are turned face up, including those of players who dropped. The face values of all these cards are totalled for each suit, ace counting 11, court cards 10 and numerals their face value. The best suit is the one with the highest visible total, and the player holding the highest card of it wins the pot, provided that he has not previously dropped. If he has, the winner is the player counting the greatest face value of cards in any other suit.