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will641
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11-30-2007, 05:05 PM
Post subject: pot equity question
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#1 (permalink)
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4-of-a-Kind
Join Date: Aug 2007
Location: getting my swell on
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okay, maybe this should be in beginners circle, idk. i know how to play poker, but i still dont quite have the poker jargon down all the way. when people ask a question about pot equity, is that basically another term for value?
E.G.
You lost a lot of equity by not betting the turn.
or
You lost a lot of value by not betting the turn
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Cash Rules Everything Around Me.
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biondino
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you know what to pay poker/
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bode
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Straight Flush
Join Date: May 2006
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Equity is the actual amount of money you should win vs your opponents hand. i.e., you have AA and villain has KK with a $100 pot, your equity in the hand is ~$80 since you will win the pot ~80% of the time.
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Quote:
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eeevees are not monies yet...they are like baby monies.
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will641
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4-of-a-Kind
Join Date: Aug 2007
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Quote:
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Originally Posted by biondino
you know what to pay poker/
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you know, i would appreciate it if our personal opinions of each other and POV's stay out of the Poker forum. if you want to insult me, do it in the FTR community. I dont want to read your cheap shots at my typo's.
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Cash Rules Everything Around Me.
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IowaSkinsFan
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Straight Flush
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its just a much smarter sounding word for pot odds I think, but people say equity because it has to do with equity against someones range.
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will641
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4-of-a-Kind
Join Date: Aug 2007
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example:
I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?
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Cash Rules Everything Around Me.
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bode
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Straight Flush
Join Date: May 2006
Location: slow motion
Posts: 4,270
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Quote:
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Originally Posted by will641
example:
I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?
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pretty much.
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Quote:
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eeevees are not monies yet...they are like baby monies.
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bode
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Straight Flush
Join Date: May 2006
Location: slow motion
Posts: 4,270
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download pokerstove and play around with it. its the best tool to figure out equities vs various hand ranges.
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Quote:
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eeevees are not monies yet...they are like baby monies.
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IowaSkinsFan
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Straight Flush
Join Date: Oct 2004
Posts: 7,148
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Quote:
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Originally Posted by will641
example:
I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?
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Just next time someone uses the term pot equity ask "what do you mean?"
Issue resolved.
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bigspenda73
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Straight Flush
Join Date: Jul 2006
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Quote:
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Originally Posted by will641
Quote:
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Originally Posted by biondino
you know what to pay poker/
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you know, i would appreciate it if our personal opinions of each other and POV's stay out of the Poker forum. if you want to insult me, do it in the FTR community. I dont want to read your cheap shots at my typo's. |
seriously, keep that stuff out of poker forums, you know better Bio
As for your question, to me it's total semantics Will. If you lost value by not betting the turn it means you have a larger amount of equity in the pot than your opponent.
For example, you have AK and villain has KJ on a AQJ6 board. You obv have a large amount of pot-equity here, something like 90% of the pot belongs to you going to the river (5% of time he hits Jack, 10% you chop with a ten (5% equity each) so he has 10% equity). Because of that, there is obvious value in betting/raising here. Were you to not bet, you'd be missing value.
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,837
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Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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jackvance
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4-of-a-Kind
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Quote:
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Originally Posted by Trainer_jyms
Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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How about if you draw out on him?
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Sarcasm is your body's natural defense against stupidity
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,837
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Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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How about if you draw out on him? |
That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before.
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jackvance
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4-of-a-Kind
Join Date: Mar 2006
Posts: 2,910
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Quote:
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Originally Posted by Trainer_jyms
Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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How about if you draw out on him? |
That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before. |
Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand.
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Sarcasm is your body's natural defense against stupidity
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bode
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Straight Flush
Join Date: May 2006
Location: slow motion
Posts: 4,270
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Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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How about if you draw out on him? |
That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before. |
Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand. |
ding ding ding
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Quote:
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eeevees are not monies yet...they are like baby monies.
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,837
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I don't remember OP talking about FE, but you are right.
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,837
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Quote:
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Originally Posted by bode
Equity is the actual amount of money you should win vs your opponents hand. i.e., you have AA and villain has KK with a $100 pot, your equity in the hand is ~$80 since you will win the pot ~80% of the time.
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According to you, FE means you don't have 80% equity?
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Pelion
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4-of-a-Kind
Join Date: Sep 2005
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Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Quote:
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Originally Posted by jackvance
Quote:
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Originally Posted by Trainer_jyms
Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.
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How about if you draw out on him? |
That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before. |
Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand. |
Getting value doesnt mean outdrawing and it doesnt mean bluffing. There are different reasons to make a bet. Deception, a bluff, etc. or value betting. Value betting is where your hand is ahead of his range and you bet wanting a call.
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gabe: Ive dropped almost 100k in the past 35 days.
bigspenda73: But how much did you win?
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jackvance
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4-of-a-Kind
Join Date: Mar 2006
Posts: 2,910
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Quote:
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Originally Posted by Pelion
Getting value doesnt mean outdrawing and it doesnt mean bluffing. There are different reasons to make a bet. Deception, a bluff, etc. or value betting. Value betting is where your hand is ahead of his range and you bet wanting a call.
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I'm getting confused by all this terminology. What exactly would 'getting value' mean then?
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Sarcasm is your body's natural defense against stupidity
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