Quote:
Originally Posted by sausage
I made the following calculation to calculate the EV of a shove preflop with a small pocket pair:
(400 *75%) + (1320 * 25% * 18.5%) - (920 * 25% * 81.5%) = 173.5
400 = chips in pot
920 = Hero's effective stack
75% = % of time we expect Villain to fold
25% = % of time we expect Villain to call
18.5% = Our equity when called
Can anyone tell me the correct methodology to calculate at what point this becomes EV neutral i.e. what % of the time Villain needs to fold to make this shove 0 EV ?
I think you have confused everyone because you haven't explained what the 1320 number means or the exact situation of the hand.
I assume that in the equation above this is what the various bits mean:
(400*75%)= villain fold
+(1320*25%*18.5%) = he calls you win allin
- (920*25%*81.5%)= he calls you lose
If that is the case then I think this is what you are looking for:
let x = fold %
then call % =1-x
then subst x and 1-x into your original equation and make it = 0
so,
400x + (1320*(1-x)*0.185)- (920*(1-x)*0.815)=0
400x + (1-x)((1320*0.185) -(920*0.815))=0
400x +(1-x)(-505.6)=0
400x -505.6+505.6x=0
905.6x -505.6=0
x=505.6/905.6= 0.558
The use of 1320 as the pot you gain when you win an allin implies that you have both put 200 into the pot up to the point that you jam and you both have 920 left.
Just because there is a 400 pot does not mean that you have both equally contributed. The blinds could be 50/ 100 and you could be in the BB facing a 3x open, you have have put in 100, your opponent 300.
In this case you would use 1120 (400 in the pot plus the 720 more villain needs to call jam) instead of 1320 to determine your break even point.