Pot Equity

[irish79]

Can any 2 + 2ers give me clarification on pot equity?

I'm reworking my way through SSH and looking for a little futher discussion on the subject.

[BritNewbie]

It's how much of the pot you 'own'.
ie. the size of the pot x your chance of winning the hand.

For example, if there's $20 in the pot, and you have a 30% chance of winning the hand, your pot equity is $20 x 0.3 = $6.

It's a measure of what you're giving up by folding.

I'm sure there's loads more to it than that, but that's my understanding of what the basic concept of pot equity means.

[LazyFool526]

[ QUOTE ]
It's how much of the pot you 'own'.
ie. the size of the pot x your chance of winning the hand.

For example, if there's $20 in the pot, and you have a 30% chance of winning the hand, your pot equity is $20 x 0.3 = $6.

It's a measure of what you're giving up by folding.

I'm sure there's loads more to it than that, but that's my understanding of what the basic concept of pot equity means.

[/ QUOTE ]

So how would you use pot equity in comparison to pot odds, outs, etc.

[BluffTHIS!]

It should be obvious that if your equity is less than the pot odds in question, e.g. facing a pot size bet when only having 30% equity that you should fold, whereas if your equity is greater against a certain number of opponents you should raise.