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Old 06-10-2005, 06:32 PM
topspin topspin is offline
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Join Date: Jul 2004
Posts: 737
Default Re: Stupid chasing or good agressive play?

[ QUOTE ]
the turn re-reraise is not good value unless all the parties still alive at this point call. Right? Since I am only 2.83 to 1 to hit a nut hand, if there is one folder and only one caller then I am only improving the pot by 2BB? 2.83 > 2

[/ QUOTE ]

Something like that. You will win ~26% of the time. Suppose 1 person folds, so there are only 3 of you left. You each contribute 1SB, for a total increase of 3SB to the pot. Your share is 3/4 = 0.75SB.

To gain that 0.75SB, you put in 1SB. Therefore the EV of your action was -0.25SB and you lost money.

Conversely, suppose there were 5 of you that called a bet on the turn. Then 5SB would go in, and you would get 5/4 = 1.25SB share of it, for which you paid 1SB, for a net gain of +0.25SB.

That's the sort of calculation people mean by pot equity.
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