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 Originally Posted by Pelion
You need to make sure you are calculating EV from the same point in each case. Either both from the start of the hand, or both from the point of the decision.
I should have known something was amiss when things came out like that, but !@#$ migraine headaches do weird things to my thought process.
From the moment of Villain's decision:
If Villain folds, Hero's EV is:
100bb + 22bb = 122bb
All of the chips in the middle.
If Villain calls, Hero's EV is Hero's equity times the size of the pot:
51%*200bb = 102bb
 Originally Posted by Pelion
Also note that the first of these is an EV calculation. The second is an equity calculation. The two are not the same and you can't draw a direct comparison between these numbers.
The sum of all probabilities (equities) times their associated outcomes (profit) is the EV.
51%*200bb + 49%*0bb = 102bb
 Originally Posted by Pelion
When villain calls, our EV is the difference between what we expect to end the hand with and our stack at the moment.
Hero's stack at the moment when he's all in is 0bb.
I see that you consider Hero's stack to be 91bb in the following analysis, which is Hero's stack prior to the shove.
 Originally Posted by Pelion
so EV if villain folds is +31bb.
EV if villain calls is 102 - 91 = +11b
You can also work this out as a 109bb (pot + villain stack) win 51% of the time, or a 91bb (our stack) loss 49% of the time. 0.51*109 - 0.49*91 = +11bb
31bb > 11bb so we want him to fold
This is, of course, all true.
We both show a spread of 20bb in favor of Villain folding.
 Originally Posted by Micro2Macro
we'd prefer he folds because folding would be a mistake.
Yes. I see it now. Thanks.
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