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EV, equity, odds ...

    • acceleration123
      acceleration123
      Gold
      Joined: 11.12.2010 Posts: 5,312
      I would like to make sure if I´m getting it right. Still have a mess in that all though.

      I will use an example that I saw in some article. (everything is ment just in a theoretical way)

      My hand: JhTs

      Villain´s hand: AdKd

      Board: JdTc2hQs

      POKER STOVE

      44 games 0.005 secs 8,800 games/sec

      Board: Jd Tc 2h Qs
      Dead:

      equity win tie pots won pots tied
      Hand 0: 90.909% 90.91% 00.00% 40 0.00 { AdKd }
      Hand 1: 09.091% 09.09% 00.00% 4 0.00 { JhTs }

      Villain bets. This means that I would need to get odds at least 9:1(rounded) to make a profitable call, in order to be +EV(or better, not to be -EV). So am I getting it right ? Or I misunderstood something ?
  • 11 replies
    • Bigniux
      Bigniux
      Bronze
      Joined: 09.01.2009 Posts: 2,098
      Yes :)
    • acceleration123
      acceleration123
      Gold
      Joined: 11.12.2010 Posts: 5,312
      Uah, thank you, I am having hard times to understand some of these concepts and the relations between them, even though they are not that difficult at all :) . But I never liked the math.
    • acceleration123
      acceleration123
      Gold
      Joined: 11.12.2010 Posts: 5,312
      Ehm, but this is interensting, according to the odds chart, I would need only 7:1 odds to call (6 outs for full house).

      But equity says 9:1. What´s the right aproach then ???
    • MatejM47
      MatejM47
      Black
      Joined: 21.01.2010 Posts: 1,193
      Originally posted by acceleration123
      Ehm, but this is interensting, according to the odds chart, I would need only 7:1 odds to call (6 outs for full house).

      But equity says 9:1. What´s the right aproach then ???
      You only have 4 outs to full house. There's only 4 J's and 4 T's in the deck and there's 2 on the board and 2 in you hand so that leaves you with 4 outs left in the deck.
    • acceleration123
      acceleration123
      Gold
      Joined: 11.12.2010 Posts: 5,312
      Well ok, but that´s 11:1 odds according to the chart, and according to my equity I need only 9:1
    • Jan217
      Jan217
      Silver
      Joined: 02.01.2009 Posts: 626
      9% is 1in11 not 1in9 (11%)
    • JonikoP
      JonikoP
      Bronze
      Joined: 15.05.2010 Posts: 600
      9% is 1in11 not 1in9 (11%)


      9% is about 1 in 10. Not 1 in 11.
    • JonikoP
      JonikoP
      Bronze
      Joined: 15.05.2010 Posts: 600
      Villain bets. This means that I would need to get odds at least 9:1(rounded) to make a profitable call, in order to be +EV(or better, not to be -EV). So am I getting it right ? Or I misunderstood something ?


      Why not post size of the pot and how much you think you can call? (the next step in the maths)
    • kiromanAAKK
      kiromanAAKK
      Bronze
      Joined: 08.10.2009 Posts: 4,022
      Because I am in the some situation (try to learning out the math that hasn’t been my strong point so far) I would like check as well if I have understood something
      Please acceleration123 forgive me to jump in your space :D as the topic is pretty the some I had in my mind
      I go to use an example like:

      Hero: AcKd
      Villian: TT+, ATs+, KJs+, AJo+, KQo

      Board: Qd Jh 7s

      58,410 games 0.047 secs 1,242,765 games/sec

      Board: Qd Jh 7s
      Dead:

      equity win tie pots won pots tied
      Hand 0: 31.942% 23.95% 07.99% 13988 4669.50 { AcKd }
      Hand 1: 68.058% 60.06% 07.99% 35083 4669.50 { TT+, ATs+, KJs+, AJo+, KQo }

      So, villain goes AI on the flop and I got odds 2:1 (68.058/31.942) to call accord what your are saying? Did I get it or I am wrong?
      Thanks guys :heart:
    • MatejM47
      MatejM47
      Black
      Joined: 21.01.2010 Posts: 1,193
      Well basically if someone bets pot sized bet into you then you get odds 2:1 then you need 33.33% equity to call since you need to win 1 out of 3 times to break even.

      So if you have only a FD on the flop and the pot is 10$ then and he has 10$ left and goes all in then you can call with your 9 outs that give you 36% equity and its +EV.

      Basically you need 33% equity when he bets full pot, if he bets 1/2 pot then you need 25% equity to call.
    • JonikoP
      JonikoP
      Bronze
      Joined: 15.05.2010 Posts: 600
      To calculate the equity you need to make a call:

      Amount to call / (Amount to call + Size of Pot before call)