![]() ![]() When you do not have the best hand, you can just calculate your own chances of hitting your outs. This probability of winning can then be multiplied with the pot, say for example $100,- and you will get your equity. ![]() Subtract this probability from 1 and you have your probability of winning. In general: read the hand, approximate his outs and calculate his chance of improving. ![]() This is, however, a very loose approximation since he may also hit two outers like two pairs or may also draw to a straight etc. When you have a solid read, say he is drawing to a flush on the flop, you know that he has a chance of 0.35 to improving and therefore you have a winning chance of 0.75 ( with for example a pair of aces. You can however 'read' his hand based on the board, betting tells, past behaviors, etc. Therefore, calculating equity is cumbersome since you do not know the hand of the opponent. When you already have the best hand, you can only lose if your opponent(s) hit their out, which means they improve to having the best hand. In poker, your equity or expected value can be calculated by taking your chance of winning and multiplying that with the value of the pot. In probability theory, we take the calculated chances as truth in a scenario where the event is repeated infinitely. In general, equity is your expected value when you would run the same hand infinite times. ![]()
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