Originally Posted by Soepgroente
Huh how's this different from just swapping a certain %? This situation doesn't seem ideal but I'm very surprised by all the completely upset surprises in here... I don't see how you can get it in lighter... if you get it in 25% you will get 25% of the pot rather than win 100% 1 in 4 times... doesn't change the EV so I don't see how you could use this to your advantage in very many situations.
Based on the info in the original post, and assuming each person puts in 33% of the pot, if his friend who has 35% equity wins the pot the regular therefore has a 35% chance of winning 42% (25/60) of the total pot. If the regular, who has 25% equity, wins the pot then he receives 58% (35/60) of the total pot. If both regulars lose (40%), they obviously get nothing.
(.35x.42) + (.25x.58) + 0 = 29% total equity. This is higher than his 25% equity had he played without the equity chop.
Is my math wrong? If it isn't, does this artificially increased equity mean that equity chopping at the table is cheating?