Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local

There is no such thing as fold equity. Discuss

Reply to Thread
  1. OwenRua OwenRua is offline

    Wexford
    Ireland

    Posts: 20
    Joined: Mar 07

    May 18th, 2008 (5/18/2008 9:18am)

    Given that no one ever folds, is the concept of fold equity obsolete?
  2. GAMEOF LIES GAMEOF LIES is offline

    Mentor, OH
    United States

    Posts: 265
    Joined: May 06

    May 18th, 2008 (5/18/2008 9:21am) in reply to OwenRua

    No
  3. basspoet basspoet is offline

    Las Vegas, NV
    United States

    Posts: 255
    Joined: Sep 06

    May 18th, 2008 (5/18/2008 9:46am) in reply to OwenRua

    post more, not less
  4. Curtass Curtass is offline

    Afghanistan

    Posts: 4,171
    Joined: May 07

    May 18th, 2008 (5/18/2008 9:56am) in reply to OwenRua

    <H1 class=firstHeading>Fold equity</H1> <H3 id=siteSub>From Wikipedia, the free encyclopedia</H3> • Ten things you may not know about Wikipedia •

    Jump to: navigation, search

    Fold equity is a concept in poker strategy that is especially important when a player becomes short-stacked in a no limit (or possibly pot limit) tournament.<SUP class=reference id=cite_ref-0>[1]</SUP> It is the equity a player can consider him or herself likely to gain due to the opponent folding to his or her bets. It equates to:

    (likelihood that opponents fold) X (gain in equity if opponent(s) fold)

    The first half of the formula can be estimated based on reads on opponents or their previous actions. The second part is the equity obtained when the opponent(s) fold to your raise (i.e. the total current pot), minus the equity resulting in case your opponent(s) call your raise (i.e. your showdown equity in the post-raise pot). As the post-raise pot is larger than the current pot, fold equity can be positive as well as negative.<SUP class=reference id=cite_ref-1>[2]</SUP>

    Fold equity becomes an important concept for short stacks for the following reason. Opponents can be considered likely to call all-ins with a certain range of hands. When they will have to use a large percentage of their stack to make the call, this range can be expected to be quite narrow (it will include all the hands the caller expects to win an all-in against the bettor). As the percentage of stack needed to call becomes lower, the range of cards the caller will need becomes wider, and he or she becomes less likely to fold. Consequently, fold equity diminishes. There will be a point at which a caller will need a sufficiently small percentage of their stack to call the all-in that they will do so with any two cards. At that point, the all-in bettor will have no fold equity.
    <DL> <DD>Example </DD></DL> <DL> <DD>Alice holds A6. She is heads up with Brian, who holds 22. The flop is 973 with no cards of the same suit. </DD></DL> <DL> <DD>Alice has pot equity of 31.5% <DD>Brian has pot equity of 68.5% </DD></DL> <DL> <DD>(In other words, if there was no further betting, and the players simply turned up their hands and were dealt the turn and river, Alice is 31.5% likely to win the pot.) </DD></DL> <DL> <DD>If Brian is 70% likely to fold agaist a pot-size bet of Alice, Alice's fold equity is 70% times (1 - 0.315 X 3), or 3.85%. Consequently, Alice can consider that her hand equity if she bets will equal 31.5% + 3.85% = 35.35%. </DD></DL>
  5. TiltinShoes TiltinShoes is offline

    Posts: 7,076
    Joined: Sep 07

    May 18th, 2008 (5/18/2008 1:32pm) in reply to Curtass

    Wrong. If you are afraid to fold someone out you ill probably never win a tournament.
  6. andressoprano andressoprano is offline whaddya think of my game?

    Anchorage, AK
    United States

    Posts: 5,224
    Joined: Jan 07

    May 18th, 2008 (5/18/2008 1:35pm) in reply to OwenRua

    OwenRua wrote the following post at 05-18-2008 8:18 AM:

    Given that no one ever folds, is the concept of fold equity obsolete?

    There is a level^^^^^^^^^^^^^^^^^
     1
  7. flywiithme flywiithme is offline

    Canada

    Posts: 590
    Joined: Sep 05

    May 18th, 2008 (5/18/2008 1:55pm) in reply to OwenRua

    I dont think its that bad of a question
  8. WhatsWildAgn WhatsWildAgn is offline

    Henderson, NV
    United States

    Posts: 502
    Joined: Mar 07

    May 18th, 2008 (5/18/2008 3:55pm) in reply to OwenRua

    "nobody ever folds" + "everyone knows perfect starting hand selection" =

    "absolutely zero skill left in online poker period"

    This is not a serious discussion.
  9. woertink woertink is offline

    Watertown, SD
    United States

    Posts: 617
    Joined: Jul 06

    May 18th, 2008 (5/18/2008 4:42pm) in reply to WhatsWildAgn

    in micros this is true preflop. but postflop you have fold equity even when they are getting 6:1
  10. wh0a510 wh0a510 is offline

    Oakland, CA
    United States

    Posts: 1,210
    Joined: Dec 06

    May 18th, 2008 (5/18/2008 4:49pm) in reply to woertink

    <table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td><h4> <table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr valign="middle"><td rowspan="2" align="left" valign="top"> </td><td colspan="2" align="left"><table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td>Re:There is no such thing as fold equity. Discuss </td><td align="right" valign="middle">In reply to </td></tr></tbody></table> </td></tr><tr><td align="left">By basspoet on 05-18-2008 8:46 AM </td><td align="right">Reply </td></tr></tbody></table> </h4> <table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr valign="top"><td><table border="0" cellpadding="0" cellspacing="0" height="100%" width="100%"><tbody><tr><td>post more, not less
    </td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table>

    What ^^^ he said but reversed!!
Reply to Thread

Similar Threads