This is a discussion on Equity within the online poker forums, in the Learning Poker section; What is it ? How is it calculated? any help appreciated 


#4




re: Poker & Equity
Yeah equity refers to your chance of winning the pot. You can never calculate the exact equity you have in a hand because you don't know your opponents cards. You can though calculate your equity against a range of hands that your opponent has, in which case you should try something like pokerstove.

#5




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#6




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#8




re: Poker & Equity
If you don't mind, could you let me know in what way it's confusing. I know I lose people from time to time in the math posts, but I never know if it's just because I end up rambling incoherently, or if I'm using too many technical terms, etc. Definitely trying to work on wording my posts so that the majority of people can glean the info I'm trying to put out there.

#9




I think your doing more of EV calculations than equity in that post. The equity is the actual 80% favorite the AA is and hte 77.4bb is the expected value equation.

#10




I've actually always thought of equity and EV as being basically the same thing with two different names.
So in discussing equity, would you instead focus on pot odds type equations? We're being laid about 1:1, therefore need 50%+ equity to call? Then compare that to what we estimate we have, 80% in this case, and thus decide to call? Okay, yep. I guess I just like making things harder, lol. 
#13




Hi guys,
I'll try to simplify equity for some of you that finds it confusing. Since I'm a SnG player I'll explain how it affects my play. As said earlier equity is your share of tournament. At the start of each tournament each player have the same amount of equity, but (thankfully) soon enough skill (among other things) kicks in and that's where each equity changes. Let's take for example 2$ + 0.40$ FR Sit and Go. At the start of the tournament let's assume that each player have 2$ of equity with the house having it's 4$ (rake  0.40$ x 10) guaranteed. But as I already wrote above, it's absurd to think each and every player have 2$ of equity, simply because equity depends on a lot of factors including skills, positions, style... So beginner SnG might have 1$ of equity in this particular tournament, while seasoned pro might have 3$ of equity (just an example). Equity allows you to be a winning player. You actually make money by having higher equity than the players next to you. After each action in tournament equity changes. For fellow tournaments players general principle is "your equity increases as the number of players decreases"  That's logical. This is just basic so that you can get a feel for it. There are many more advanced articles on the web involving calculating equity for specific hand and more. CC's Article (http://www.cardschat.com/pokerequity.php) eXtreme 