Fold Equity

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

• Ajax
• Loose
• Cheeseburger Stakes
• Sweating A Card
• GUI
• Heater
• Shove
• IMO
• Missed blind
• FLHE
• Crabs
• Village People
• Disconnect Protection
• Hero Fold
• Able
• 72 offsuit
• San Francisco Bus Boy
• Fantasy Land
• Open raise
• Counterfeited
• X-man
• Showdown
• One-Chip Rule
• Blind man’s bluff
• Follow Through
• Supernova
• Poker Million
• Monotone flop
• Reverse Implied Odds
• Dynamic
• The Fundemental Theorem of Poker
• Tl;dr

Return to Poker Dictionary

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.