loopie, on Saturday, August 19th, 2006, 6:13 PM, said:
Again, u offer no expertise of your own.
I come here to help those who are willing to learn, not those who wish to argue.Your definition of fold equity was so far off base that I'd try and help you, if not for the way you have been responding to my posts, trying to help you.However, for the sake of the thread, I will give a definition off the top of my head.Equity can be defined as the percentage of the pot that is ours.Ie. Assume we are all in preflop with AA vs KK. The pot is $100. Our equity in that pot would be the $81.946, that also happens to equal our expected value, since we will win this hand 81.946% of the time.Fold equity is the percentage of the time that our opponent will fold his equity in the pot. Take the same situation, where we each have $50 behind. However, this time we have QQ, and he has KK. Our equity preflop is 18.065%. Now, say we just end up putting in $5 each preflop, so the pot is $10 going to the flop. The pot comes A53 rainbow, for example. Depending on the way we play the hand, we could gain some fold equity by representing the ace, and having our opponent fold a better hand, and forfeit his share in the pot.The term doesn't necessarily apply to always having to fold better hands, but if say for example you have 55, and the flop comes 2TA, and the villain has JQ. You could conceivably bet and get him to fold his 41.212% equity in the pot, since he probably doesn't know he has 10 full outs.This is just an overview.Is it enough?For more info, check out the links I so generously provided.Good luck.- Zach