Quote:
Originally Posted by Fast Fold Poker
1.) What is 'realising equity'? It is seeing more cards. Those extra cards can help either player. Perhaps we check A5s and hit an Ace on the turn and move ahead of villain's TT-88. Is the villain 'realising equity' there or are we?
I like the question. I don't like your answer to it.
Realizing equity isn't just seeing more cards. Some hands have high equity realization (ER?), while others have much lower ER especially OOP.
AA for example over-realizes it's equity, because the hand is fairly easy to play most of the time.
Hands like 86o OOP would have low equity realization, meaning you would win with them less than their equity.
For example on the flop we have 40% chance to win, but we only win 30% of the time, because villain can pressure us to fold our weak holdings like TP or 2nd pair easily.
If we have a 40% chance to win a hand at any point, from that point forward we should win 40% of the time, that's equity realization.
But because of position and pressure, especially with weak holdings, we often have to fold out a portion of our equity, making us under-realize it.
Another factor in low equity realization hands is that they're too weak to play aggressively a lot of the time.
86o OOP for example, we wouldn't be able to bet on most flops, which makes our ER drop a lot.
It really doesn't matter what the next cards are or who they help.
It does in a single hand, in the long term and from a theory perspective it shouldn't.
I do wonder if we can have lower ER than we should when we're IP?