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 Originally Posted by MadMojoMonkey
E.g.
It's folded to the button, who opens to 3 BB, and the SB folds, with you in the BB.
There is 4.5 BB in the pot, and you face a bet of 2 BB.
bet/(bet + pot) = 2/6.5 ~= 30.8%
So you only need ~31% equity to have 0EV.
If you're folding hands between 31% and 50% equity, then you're folding +EV hands.
This isn't always true. One example is a spot where villain has the nuts or air(that is currently ahead of us) on K88 and we have a flush draw. Villain can give us better then needed odds to call if no more money went into the pot on future streets. However if villain is shoving his entire range when the flush misses on the turn giving us a bad price on the turn we were actually just burning money on the flop since we probably never actually had the price to realize just 1 street of equity.
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