Created by JKDS on July 23, 2009
Definition
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.
Other Random Poker Dictionary Entries
- Concierge Service
- Check in the dark
- Open Face Chinese Poker
- Reverse Implied Odds
- Newb
- Cranberry
- Line
- Stud
- Whiff the Flop
- San Francisco Bus Boy
- 5 Card Draw
- TOC
- Table Draw
- C/R
- Woolworth’s
- Nizzles
- Harrington on Hold ’em
- Reads
- Broke
- Data Mining
- Late Night Poker
- Big Bet (pt BB)
- Grind
- Ahead
- Session
- Fundamental Theorem of Poker
- Dirty outs
- Drawing Dead
- Random
- California Lowball
- Outs
- Dominated
Edit This Entry
Do you see an issue with this entry or want to add more to it? If so, submit the form below with corrections or additions to the fields.