# equity

• Bronze
Joined: 03.06.2010
Hello! I am new player, currently playing NL4 BSS. I try to learn more about poker and sometimes on forum I see the term equity. I have problems to understand when to use it and how to calculate and in which spots it works. Is there any article covering this?
• 7 replies
• Bronze
Joined: 11.01.2011
Hi benaars,

already checked out the glossary entry http://www.pokerstrategy.com/glossary/Equity/ ?

Cheers,

Pascal
• Bronze
Joined: 03.06.2010
no, not really helpful, I was kind of looking for an information which would help me to calculate it
• Bronze
Joined: 11.01.2011
Hi,

in game the easiest way to use odds and outs
in analyses you can stick to equilab

but maybe if you give a concrete example we can work out the equity together

Cheers,

Pascal
• Bronze
Joined: 11.07.2010
In short Equity translates into actual \$.

Here's how:

Say you are dealt pocket Aces and you are up against only one opponent. Against a random hand your Aces are favourite about 80% of the time. This means that in the long run you take 80cents per \$1 in the pot (which is why you value bet basically).

That 80% is your equity in that hand - the share of the pot that you are 'entitled' to. In practice, because of the nature of the game, you will see this in your real results over a very large sample. http://en.wikipedia.org/wiki/Law_of_large_numbers

Similarly, Fold Equity is what you stand to gain by having your opponent fold.
• Bronze
Joined: 11.07.2010
To calculate your equity during a hand you need to factor in several things: your hand strength, your opponent's hand strength, your hand's chances of improving vs your opponent's hand's chances of improving, your fold equity and also risk vs reward.

Look for an article about odds vs outs. It should give you the answer you're looking for.
• Bronze
Joined: 12.03.2008
hi Pascal, what is the difference between the Equilab and Equilator?

i've downloaded equilator in the past and have used it often to look at my equities.

benaars, in this program you can input your cards and the cards of your opponents and see your chances of winning. here's the linky:

Equilator

cheers guys! thanks for the help here matel

wendy
• Bronze
Joined: 11.01.2011
Hi purple,

Equilab is basically the new and improved equilator