Ok I have read this post about ten times now, so i think I am ready to ask a question. I understan how to calculate using the formula that spoon gives. He is right pretty easy, my question is how to use it.

1. Does this just give you fold equity,
2. How do you calculate how much fold equity you need to break even or gain positive ev
3. How do you figure out that ak is 60/40 dog to qq.

These are pretty much all the questions that come to mind after reading your post. I hope my questions don't sound too broad to be answered.

Thanks for all the help anyone can give me on this.

Don