Re: Can someone explain me the concept of Equity/and how Pokerstove works?
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Jtr's reply was good.
Equity can be expressed using a simple equation.
Equity = (chance of winning pot) x (size of pot)
Paul
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Not to nitpick, but since this is the Theory forum...your equation is incomplete in that it doesn't factor in moneys won from ties. Additionally, to be complete one should factor in additional gains to be incurred on future streets when applicable.
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