Five players, table stakes is always limited to twenty bucks. When a play is down, and bets the last, loses, he exits but is immediately replaced. Each of the other four players must pocket some of their winnings, in proportion, the new play putting four dollars up.
What to we make of the distribution of the winnings at any given moment? Mathematically, it should be a five coloring, a Markov 5-tuple. It is the distribution of information noise in the betting process. The distribution of poker liquidity always has large ex ante uncertainty.
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