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Just want to start by pointing out that while your assumptions could occur, it probably isn't going to occur all that often. That is you have him folding some of the time on the turn, whereas if we get to the river he check/folds everytime we hit, and check/calls if we miss. This probably won't occur exactly, but no worries.
I agree that checking behind, using your assumptions, has an EV of $8.84 if we have 26% equity against his hand. It would be higher if we sometimes get paid off when we hit the river, or if we could profitably bluff shove the river some of the time.
To find the needed fold equity to have a BE turn shove we use the formula:
EVshove = (%Fold)(EVFold) + (%Call)(EVCall)
0 = (x)(34) + (1 - x)[(0.26)(34 + 33 + 33) - (33)]
0 = 34x + (1 - x)(-7)
0 = 34x - 7 + 7x
7 = 41x
x = 7/41 = 17.1%
So unless my math is incorrect, a shove on the turn having 26% equity when called would need 17.1% fold equity to be BE.
To see the needed fold equity for a turn shove to be = to checking back the turn (assuming your assumptions that we never get paid when we hit, and can't bluff river), we do the same setting it equal to $8.84:
8.84 = 34x - 7 + 7x
15.84 = 41x
x = 15.84/41 = 38.6%
So if villain folds 38.6% of the time, then the EV between a turn shove, and checking behind the turn is approx. the same ($8.84). If he folds more than this, then a turn shove is better than checking behind. If he folds less, then a turn check becomes better.
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