Posted by Dr Fro 1:43 PM
Thanks to Kleckner for this link on "bots." I believe that there are a large number of Party Poker players that are either entirely automated or at least assisted by computer programs. But the reason I don't lose sleep over it is twofold:
1) I am playing poker as we speak. There are 53,000 people playing at PP right now. If even 500 of them are "bots", that is less than 1% of the players. And yet I know that about 10% of the players are real humans that are terrible at poker. I may lose to that 1% but I am scoring off of the 10%, and I like that math.
2) I believe that bots largely play limit poker. I base this on what I have read and also on common sense: The way to win in limit is by eking out money when you have tiny edges - tiny edges a computer could calculate better than a human. In NL, the math keeps you afloat, but you win or lose in the long run based on how well you read your opponent - a skill that humans should have more so than computers.
Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...