I have an excel spreadsheet with formulas to tell me the EV of a given hand, that's straight forward.
(Win %, win amount($), Lose %, lose amount($) and then it spits out the EV)
What I want to do now is create one where I input everything except the Lose amount($) so for instance I'd put in:
(0.42 x $1.00) + (0.58 x ____) = 1
Where 1 is the minimum EV I would want. Then the formula would tell me the blank (aka the max amount I should call in this situation).
I basically want the calculator to spit out the minimum calling amount (that I can then convert to a percentage of the pot) where the EV would be at least 1.
I have an excel spreadsheet with formulas to tell me the EV of a given hand, that's straight forward.
(Win %, win amount($), Lose %, lose amount($) and then it spits out the EV)
What I want to do now is create one where I input everything except the Lose amount($) so for instance I'd put in:
(0.42 x $1.00) + (0.58 x ____) = 1
Where 1 is the minimum EV I would want. Then the formula would tell me the blank (aka the max amount I should call in this situation).
I basically want the calculator to spit out the minimum calling amount (that I can then convert to a percentage of the pot) where the EV would be at least 1.
I can't do basic maths obviously!
But you can do excel!
I'm going to rename "lose amount" as "lamo" and "minimum EV" "me." So from (0.42 * $1.00) + (0.58 * me) = lamo we can derive:
me = (lamo - 1.00)/0.58 + 1.00
As you can see, I have me as a linear function of lamo
Excel can do this for you. The easiest way is to use named variables but you don't have to. In one cell write out the EV equation, like for an all-in call
= eq*(Pot + Call) -(1-eq)*Call
Have 3 cells containing values for eq, Pot and Bet. Then use Excel's Goal Seek function to find the value of the critical factor to make EV=0
I've done this for several situations -- calling a bet, making a lead bet, raising and it works great.
Excel can do this for you. The easiest way is to use named variables but you don't have to. In one cell write out the EV equation, like for an all-in call
= eq*(Pot + Call) -(1-eq)*Call
Have 3 cells containing values for eq, Pot and Bet. Then use Excel's Goal Seek function to find the value of the critical factor to make EV=0
I've done this for several situations -- calling a bet, making a lead bet, raising and it works great.
Holy crap I had no idea! That's amazing! Will definitely be using this in future.