Editing Fundamental theorem of poker (section)

==Multi-way pots and implicit collusion==
The Fundamental Theorem of Poker applies to all [[poker jargon#H|heads-up]] decisions, but it does not apply to all multi-way decisions. This is because each opponent of a player can make an incorrect decision, but the "collective decision" of all the opponents works against the player.

This type of situation occurs mostly in games with multi-way pots, when a player has a strong hand, but several opponents are chasing with [[Draw (poker)|draws]] or other weaker hands. Also, a good example is a player with a deep stack making a play that favors a [[Poker glossary#short stack|short-stacked]] opponent because he can extract more [[expected value]] from the other deep-stacked opponents. Such a situation is sometimes referred to as [[Morton's theorem|implicit collusion]]. 

The fundamental theorem of poker is simply expressed and appears axiomatic, yet its proper application to the countless varieties of circumstances that a poker player may face requires a great deal of knowledge, skill, and experience.