Equity

Created by JKDS on July 22, 2009

Definition

Equity is the total percent chance a hand will win in addition to the percent chance that hand will tie at any particular point in a hand. The rule of 2 and 4 for calculating pot odds is a shortcut for determining equity and is helpful in making +EV decisions.

Example

With the nut flush draw, I figured I had about 36% equity and decided to call his flop bet.

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