Quote:
Originally Posted by valuecutting View Post
if you have about 33% equity when called and he folds about 2/3 of the time then you're roughly indifferent between jamming/folding
Quote:
Originally Posted by 72odonkey72
lost me here
The quoted statement claims indifference between jamming and folding for given card and fold equity with a jam. The indifference refers to EV and the EV of a fold Is 0. Therefore the EV of the jam has to also be 0. But EV has to include pot and bet sizes which were not given. So I wrote out the EV equation with a jam assuming pot = 1 and jam bet = B as
EV =2/3*1 +(1/3)*(1/3*(1+B) – 2/3*B),
which, if I didn’t mess up reduces to 1/9 * (7-B).
Set EV to 0 to find the indifference bet and it is B=7.