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Old 05-27-2005, 08:32 PM
Timer Timer is offline
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Join Date: Dec 2002
Posts: 128
Default Push Equity Question

In the following formula, why do you set PE equal to zero?

[ QUOTE ]
Your Push Equity (PE) is Fold Equity plus Win Equity minus Lose Equity.

PE = [(1.5)(1 - C)] + [(C)(W)(S + 0.5)] - [(C)(1 - W)(S - 0.5)]

If we set PE to zero and solve for S, we get

S = (C - 1.5) / [(2)(C)(W) - C]

[/ QUOTE ]
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