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-   -   Coming to terms with PokerStove (http://archives2.twoplustwo.com/showthread.php?t=349406)

college_boy 10-03-2005 09:28 AM

Coming to terms with PokerStove
 
When you plug in hands and get your showdown equity how do you apply this into a call/fold/raise?

Example: say you filter it for 3 handed against a raiser and a bad cold caller and you come up with equity numbers such as 45% for opponent 1 30% for you 25% for opponent 3.

Is there a way to calculate how much lower than your break even 33% you can go and still make money?

meow_meow 10-03-2005 10:56 AM

Re: Coming to terms with PokerStove
 
Not sure what you are looking for, but it should be fairly obvious that if you are putting in a third of the money and you only have 30% equity, you are looking at a -EV proposition.

Obviously, if you have something like a flush draw and will be probably extract more when you hit than you have to put in when you don't, then <33% equity can still be profitable.

crunchy1 10-03-2005 11:27 AM

Re: Coming to terms with PokerStove
 
If you're looking only at a preflop situation PokerStove isn't really going to give you what you're looking for. PokerStove runs a hot/cold simulation where its equity and win/loss/tie calculations assume that all hands see all 5 cards - equity is usually going to change dramatically after the flop.

college_boy 10-03-2005 11:51 AM

Re: Coming to terms with PokerStove
 
[ QUOTE ]
Not sure what you are looking for, but it should be fairly obvious that if you are putting in a third of the money and you only have 30% equity, you are looking at a -EV proposition.

Obviously, if you have something like a flush draw and will be probably extract more when you hit than you have to put in when you don't, then <33% equity can still be profitable.

[/ QUOTE ]

Yeah I meant preflop here. I'm looking for how much you can recover postflop against bad players to make up for your equity deficiency preflop. Maybe as the other poster said it's just not possible with hot/cold simulations.

CORed 10-03-2005 04:17 PM

Re: Coming to terms with PokerStove
 
If anything, I think you need to discount the equity numbers from PokerStove. They are based on the assumption that everybody stays to the river, which is obviously not the way you play, and probably not how your opponents play either (but if they don't play closer to this than you, you need to work on game selection). For example, your equity with 22 inludes hands won by making a set on the river. In real play, you're probably not going to stay in for very many of those. The question you should be asking is not, "How much lower than break-even equity can I go", but "How much more than break-even equity do I need". I don't have an exact answer for you. Showdown simulations are a useful tool for comparing relative hand values, but they don't come close to telling the whole story.

PatJ 10-04-2005 12:24 AM

Re: Coming to terms with PokerStove
 
You might get a better response in the probability forum


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