some EV calc. help. Mojo?

Originally Posted by MadMojoMonkey

EV = (fold%)*(18.5) + (1-fold%)*(equity%)*(105.5 - rake) - (1-fold%)*(1-equity%)*(96)


All I did was show why in the hell the (1 - fold%) term shows up twice.

It can be contracted even further:

EV = (fold%)*(18.5) + (1-fold%)*((equity%)*(201.5 - rake) - 96)

I just chose the long form because it more obviously displays the different outcomes and how they relate.