Ok, I made a calculation mistake, but lets start from the beginning:
If we want to have positive expectation, pot odds must be higher than odds of winning our hand. Odds are ratio.
correct
1. Equity: In our case Equilator gives our TT against villains range of JJ+,AKo,AKs 33,6% equity (rounded to 34%). This means we must win 34 cases out of 100 cases. So we can write this as 66:34 and cancel to 1.94:1.
2. Pot odds: Now I must determine pot-odds. I have chance of winning:
vice versa. Odds (equity) - chance of winning
Pot odds (% need to win) - must win
EDIT: Unless I understood you correctly. If you meant that you should win in 34% of the time and have a chance to win 6.75$ then you are right.
0.1 + 0.25 + 0.25 + 1.5 + 1.5 + (4.75 – 1.5) = 6.85$
for the simplicity we assume that blinds are raked. 0.25(utg) + 1.5(your bet) + 4.75(CO`s raise) / 3.25 (call) = 2:1 = 1/3 = 33.3%
=> 33.6% (odds to win) > 33.3% (need to win (pot odds %)) => call. obviously marginal) but, the remote possibility of him playing this hand with a range different then assumed will make it more +EV.
39% was my miscalculation) besides, my conclusion was also wrong.
we had to win in 39% of the time, but had only 33.6% of equity) clear fold) anyway, sorry for this)
So I use percentages, but you can do it vice versa, if you want. Find equity, convert to odds -> compare with pot odds. In this case pot odds should be higher.
What I do is convert pot odds to % need to win and compare with equity. In this case equity should be higher)
You calculated EV correctly, my number is a bit different (because I raked the blinds)
EV = (0.336 * 6.5$) – (0.664 * 3.25$) = 2.184$ - 2.158$ = 0.026$ ))
But lets assume 1 out of 10 times the guy plays it slightly different by any reason (girlfriend, alchogol, mood, etc.)
- he adds AJ and AQ to his range (we have 44% equity now)
0.9*0.026$ + 0.1*( 0.44*6.5 - 0.56*3.25 ) = 0.0234 + 0.104 = 0.1274
It won`t make us millioners long term, however, it increases our EV 5 times))