Re: Fold Equity: what exactly is that??
Easiest to explain in terms of going all-in or putting your opponent all-in. You want to know if that's a +EV move. So you'll do a simple calculation, like
EV =
Percent of time opp. calls and he wins * amount of loss
+ percent of time opp. calls and I win * amount of win
+ percent of time opp. folds * amount of current pot
That % of the time your opponent folds is a critical part of the calculation for all-ins, and that's your fold equity in the hand.
As Kathleen said, some players think of it as the % of time your opponent folds a BETTER hand, but I don't think of it that way. I think of it as the last part of the "My hand wins vs. his hand wins vs. he folds so who cares" question.
|