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  1. #1
    Believe it or not one of my degrees is actually in Math so it doesn't scare me at all, I actually enjoy it. Sometimes I just get lost in the nitty gritty of it, especially when trying to teach myself all the stuff.

    Okay so for clarification, equity as I understand in laymen's terms is "our share of the pot." So if we have 40% equity then we can use this to determine quickly if a call is +EV, but not anything else correct? So if our call is equal to 40% of the to bet pot, aka call/(current pot+call) = 40% we have a BE move? Just trying to get all these things straight in my head.
  2. #2
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    Quote Originally Posted by lombracremisi View Post
    Believe it or not one of my degrees is actually in Math so it doesn't scare me at all, I actually enjoy it. Sometimes I just get lost in the nitty gritty of it, especially when trying to teach myself all the stuff.

    Okay so for clarification, equity as I understand in laymen's terms is "our share of the pot." So if we have 40% equity then we can use this to determine quickly if a call is +EV, but not anything else correct? So if our call is equal to 40% of the to bet pot, aka call/(current pot+call) = 40% we have a BE move? Just trying to get all these things straight in my head.
    That is correct, but even that is a shortcut resulting from the underlying EV equation, as you can see in this other epic post by Spoon: http://www.flopturnriver.com/pokerfo...ll-173396.html
    (see the "extra credit: proving the shortcut" paragraph)

    It is also incorrect to think that equity is only used in the above case: you will be using equity in all the EV equations you will be making. Equity is indeed your "fair share" of the pot, and it differs from win% only because you sometimes tie.

    So EV equations are very much the cornerstone of pokermath and it is important to master them.
    Last edited by daviddem; 04-01-2011 at 12:17 AM.
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  3. #3
    Thanks for the clarification guys. I've read many of the articles you've posted daviddem, however I think I didn't read them critically enough and just got lost with the math and why it means what it means. I think this thread has in all reality clarified a lot for me and I should be able to get a lot more out of Spoon's threads now.

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