23 replies to this topic

[kidpoker1218]

Can someone plz explain fold equity to me? cuz i feel dumb

[antistuff]

there is a whole thread from not that long ago about exactly this

[Zach6668]

Become friends with the search function.http://www.fullconta.....=+fold equity

[loopie]

kidpoker1218, on Saturday, August 19th, 2006, 8:02 AM, said:

Can someone plz explain fold equity to me? cuz i feel dumb

fold equity just means that you win by folding. Money saved by folding is money won.....

[Zach6668]

loopie, on Saturday, August 19th, 2006, 4:44 PM, said:

fold equity just means that you win by folding. Money saved by folding is money won.....

Not even close.

[loopie]

Zach6668, on Saturday, August 19th, 2006, 1:56 PM, said:

Not even close.

enlighten us, o wannabee wise one

[Zach6668]

loopie, on Saturday, August 19th, 2006, 6:05 PM, said:

enlighten us, o wannabee wise one

Click my link.Try the search function.Start with a dictionary and find the definition of the term "equity".After that, go back to the general poker forum, where you apparently belong.- Zach

[loopie]

Zach6668, on Saturday, August 19th, 2006, 2:07 PM, said:

Click my link.Try the search function.Start with a dictionary and find the definition of the term "equity".After that, go back to the general poker forum, where you apparently belong.- Zach

Again, u offer no expertise of your own.

[Zach6668]

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

[Sluggo]

Quote

Can someone plz explain fold equity to me? cuz i feel dumb

Don't feel dumb. Unless you actually are.Chris Ferguson didn't even know what fold equity was until a week ago. They interviewed him during the ME final table coverage and asked him to explain fold equity to new players, but he didn't know what it was.

[sdnuol]

Sluggo, on Monday, August 21st, 2006, 1:33 AM, said:

Don't feel dumb. Unless you actually are.Chris Ferguson didn't even know what fold equity was until a week ago. They interviewed him during the ME final table coverage and asked him to explain fold equity to new players, but he didn't know what it was.

now that i think about it, i bet lots of name pros who arn't the author's of books etc. dont know about several concepts and theories. the ones who learned the game just from playing probably follow these theories even though they don't know what they are. i dont know, just a thought

[dimseven]

Sluggo, on Sunday, August 20th, 2006, 10:33 PM, said:

Don't feel dumb. Unless you actually are.Chris Ferguson didn't even know what fold equity was until a week ago. They interviewed him during the ME final table coverage and asked him to explain fold equity to new players, but he didn't know what it was.

He's just not familar with the term. I'd be stunned if he didn't know what it was.

[gadjet]

loopie, on Saturday, August 19th, 2006, 3:13 PM, said:

Again, u offer no expertise of your own.

This leaves us asking... is it better to offer no expertise or to make something up like you did... you missed the mark by a mile with that fold equity definition, there's no need to try and save face by insulting Zach... just walk away...

[loopie]

gadjet, on Wednesday, August 23rd, 2006, 3:28 PM, said:

This leaves us asking... is it better to offer no expertise or to make something up like you did... you missed the mark by a mile with that fold equity definition, there's no need to try and save face by insulting Zach... just walk away...

I'd prefer to make something up. This causes buzz and people like Zachary will zoom in and correct it. Thus the guy's topic gets answered quicker........

[Actuary]

loopie, on Wednesday, August 23rd, 2006, 4:31 PM, said:

I'd prefer to make something up. This causes buzz and people like Zachary will zoom in and correct it. Thus the guy's topic gets answered quicker........

ur growing on me.****************************simply fold equity is the marginal addinitional value you have in your hand from getting your opponents to fold their equity in the pot.eh... probably covered by Zach alread, I didn't read.I'd say it's misapplied overall, and overassumed in low limit LH.

[gadjet]

loopie, on Wednesday, August 23rd, 2006, 5:31 PM, said:

I'd prefer to make something up. This causes buzz and people like Zachary will zoom in and correct it. Thus the guy's topic gets answered quicker........

And then you make fun of him for copying his answer from all the other posts... you might be onto something here... you should post this in the strategy forum...

[Money022]

loopie, on Saturday, August 19th, 2006, 5:13 PM, said:

Again, u offer no expertise of your own.

Why bother explaining this to you, someone who just wants to argue, when he's already linked to a thread answering the definition of fold equity?No need to explain it twice.

[loopie]

Money022, on Thursday, August 24th, 2006, 12:28 PM, said:

Why bother explaining this to you, someone who just wants to argue, when he's already linked to a thread answering the definition of fold equity?No need to explain it twice.

I thought arguing was the highest form of debating. And, besides, if you read all posts carefully, it seems the ones that are accusing me of arguing are guilty of arguing themselves. Just for sake of argument........

loopie, on Saturday, August 19th, 2006, 2:13 PM, said:

Again, u offer no expertise of your own.

just another observation: I believe I posted this on Saturday, and you add reply on Thursday? (Loopie < tryin to restrain himself)alot can happen in almost a week's timeand u pick my post, u tryin to start an argument sir?

[Money022]

I'm not sure what difference it makes if it was a week or an hour between posts. It still is what it is. Just my observation.

[Actuary]

yeah, I mean, who has time to respond every 2 minutes.we have a life you know.