Quote Originally Posted by humanfugitive
Quote Originally Posted by spoonitnow
Answer to Exercise 2:
PokerStove tells us that we have 55.3%. To break even, we need 15/(15+11) = 57.69% equity. We have less equity than that, so a call is -EV.
Why is our equity not 15/(26+15) = 36.6%
Your wording is off but your thought is correct. Our pot odds are somewhere around 2:1. Like Spoon said our equity is about 55%. Obviously a call. If we have 55% equity we can never fold in any spot in cash-games.