Measuring Skill in More-Person Games with Applications to Poker

Ruud Hendrickx, Peter Borm (), B.B. van der Genugten and P. Hilbers
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P. Hilbers: Tilburg University, Center for Economic Research

No 2008-106, Discussion Paper from Tilburg University, Center for Economic Research

Abstract: In several jurisdictions, commercially exploiting a game of chance (rather than skill) is subject to a licensing regime. It is obvious that roulette is a game of chance and chess a game of skill, but the law does not provide a precise description of where the boundary between the two classes is drawn. We build upon the framework of Borm and Van der Genugten (2001) and Dreef et al. (2004) and propose a modification of the skill concept for more-person games. We apply our new skill measure to a simplified version of poker called Straight Poker and conclude that this game should be classified as a game of skill.

JEL-codes: C72 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth
Date: 2008
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