Created by JKDS on July 22, 2009
Definition
The Fundamental Theorem of Poker was first mentioned by David Sklansky and states that:
"Every time you play a hand differently from the way you would have played it if you could see all your opponents’ cards, they gain; and every time you play your hand the same way you would have played it if you could see all their cards, they lose. Conversely, every time opponents play their hands differently from the way they would have if they could see all your cards, you gain; and every time they play their hands the same way they would have played if they could see all your cards, you lose."
Example
He showed me that he was bluffing after I folded. I knew then, based on the fundamental theorem of poker, that I had made a mistake in folding.
References
https://www.flopturnriver.com/reviews/Poker-Books-SklanskyTheoryPoker.php
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