Need simple definition of "Fold Equity"

[Marlow]

I understand equity. I think I understand Fold Equity. Can someone give me a str8up definition?

tx

Marlow
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[ClaytonN]

Just read this article

"By moving all in, we give ourselves something called fold equity. We have two kinds of equity: our equity in the pot against our opponent’s range of hands in a showdown, and our equity in picking up money for free by getting our opponent to fold before the showdown."

[Marlow]

Jeez that was fast!!!!

Thanks-

Marlow

[amoeba]

usually it refers to making a better hand fold though.