Trying to figure out a break even point.
MP: $10.55 (105.5 bb)
Hero (CO): $12.86 (128.6 bb)
SB and BB post 5c, 10c and fold pre.
Preflop: Hero is CO with T
A
UTG folds,
MP raises to $0.30,
Hero raises to $1
I want to know how to calculate what percentage of the time villain needs to fold to start making this profitable. Off the top of my head i thought it was around 70% so i played around on excel.
Be point = 1- (pot/ (pot+our raise)
= 1- (45/1.45)
=69%
Is that correct and my formula right?
Thanks in advance.