pot equity question

[will641]

okay, maybe this should be in beginners circle, idk. i know how to play poker, but i still dont quite have the poker jargon down all the way. when people ask a question about pot equity, is that basically another term for value?
E.G.
You lost a lot of equity by not betting the turn.
or
You lost a lot of value by not betting the turn

[biondino]

you know what to pay poker/

[bode]

Equity is the actual amount of money you should win vs your opponents hand. i.e., you have AA and villain has KK with a $100 pot, your equity in the hand is ~$80 since you will win the pot ~80% of the time.

[will641]

you know what to pay poker/

you know, i would appreciate it if our personal opinions of each other and POV's stay out of the Poker forum. if you want to insult me, do it in the FTR community. I dont want to read your cheap shots at my typo's.

[IowaSkinsFan]

its just a much smarter sounding word for pot odds I think, but people say equity because it has to do with equity against someones range.

[will641]

example:

I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?

[bode]

example:

I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?

pretty much.

[bode]

download pokerstove and play around with it. its the best tool to figure out equities vs various hand ranges.

[IowaSkinsFan]

example:

I have the nut straight on the river so i have 99% equity (because theres also possibility of a tie)?

Just next time someone uses the term pot equity ask "what do you mean?"

Issue resolved.

[bigspenda73]

you know what to pay poker/

you know, i would appreciate it if our personal opinions of each other and POV's stay out of the Poker forum. if you want to insult me, do it in the FTR community. I dont want to read your cheap shots at my typo's.

seriously, keep that stuff out of poker forums, you know better Bio

As for your question, to me it's total semantics Will. If you lost value by not betting the turn it means you have a larger amount of equity in the pot than your opponent.

For example, you have AK and villain has KJ on a AQJ6 board. You obv have a large amount of pot-equity here, something like 90% of the pot belongs to you going to the river (5% of time he hits Jack, 10% you chop with a ten (5% equity each) so he has 10% equity). Because of that, there is obvious value in betting/raising here. Were you to not bet, you'd be missing value.

[jyms]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

[jackvance]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

How about if you draw out on him?

[jyms]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

How about if you draw out on him?

That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before.

[jackvance]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

How about if you draw out on him?

That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before.

Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand.

[bode]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

How about if you draw out on him?

That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before.

Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand.

ding ding ding

[jyms]

I don't remember OP talking about FE, but you are right.

[jyms]

Equity is the actual amount of money you should win vs your opponents hand. i.e., you have AA and villain has KK with a $100 pot, your equity in the hand is ~$80 since you will win the pot ~80% of the time.

According to you, FE means you don't have 80% equity?

[Pelion]

Value comes from having more equity than your opponent. You can't get value when you have less equity than your opponent.

How about if you draw out on him?

That's vague as hell. Draw out how? How many outs? If you have an OESFD with good overs, value is in betting your equity, if you hit a 4 out GS then value is in betting when you hit, not before.

Well you say you can't get value if you have less equity than your opponent.. doesn't seem correct to me. Like if I have KK vs AA allin preflop I have 20% equity, but I can still win (=get value) by outdrawing him. Or if I have nothing and villain has TPTK, I have less equity but I can still get value by bluffing him out of the hand.

Getting value doesnt mean outdrawing and it doesnt mean bluffing. There are different reasons to make a bet. Deception, a bluff, etc. or value betting. Value betting is where your hand is ahead of his range and you bet wanting a call.

[jackvance]

Getting value doesnt mean outdrawing and it doesnt mean bluffing. There are different reasons to make a bet. Deception, a bluff, etc. or value betting. Value betting is where your hand is ahead of his range and you bet wanting a call.

I'm getting confused by all this terminology. What exactly would 'getting value' mean then?