When determining the expected value of a bet, we have to take the likelihood that villain
folds into account. The term used for this is fold equity
. The EV of a bet is defined as
EVbet = (fold equity
)*(pot before our bet) + (1-fold equity
) * (actual equity
* pot after villain
calls - amount to call
Simplified this is simply
EVbet = FE * EVfold + (1-FE)*EVcall.
From there, it is easy to see that a good amount of fold equity
can alter the expectation of our hand and turn
what might be a marginal
bet into a good one.
Example: Villain raised ATC on the button but would fold everything but AJ+, TT+ to a raise. Since I had such massive fold equity, i 3b him with a J7s.
Created by JKDS
on 23 Jul, 2009