There are no clear cut strategies for games like this, but I think a basic framework to utilise is the following:
At all times we should track two values, the expected total of the values of the cards using public information E
and the expected total values of the cards using private information as well as public information P
.
I'm assuming the cards are numbered 1,2,...,13.
Before any of the table cards are turned over E = 58.5
(6.5 x 9). If, say, you hold a 10, you can adjust to obtain P = 62
. If a 4 is turned over after round 1, we have E = 56
, P = 59.5
.
When you are making a market you should begin by centring it on E
and taking a spread of your choice. When somebody trades with you, you should adjust with respect to your position i.e. if you are long, that means you are paying too much to buy, so adjust down, if you are short, you are selling for too cheap, so adjust up. How you do this is up to you.
When you are a market taker, you should buy and sell based on your value of P
i.e. buy for less, sell for more. This means you are adequately using all available information. It is possible and desirable to trade off of a modified value of P
, however the strategies surrounding how such modifications should be made are qualitative and similar to reading in poker. For example, if you see that another player is playing with a strategy (i.e. not just cluelessly executing trades at random), you may be able to place him on a card e.g. you think he has a 12, so you can adjust your value of P
by adding 5.5 (excess of 12 above the average of 6.5)
Best Answer
Hint: How many different sum of digits are there for the cards?
Apply pigeon-hole principle to this result, noting that there is only one card with sum equal to 1 and only one card with sum equal to 27.