Open Side Menu Go to the Top
Register
EV EV

03-05-2011 , 03:19 AM
Hello.
I'd like to start by saying English is NOT my first language, but I 've learned some when I was student in the USA, where I fell in love with this game.
I know how to GENERALLY understand and translate EV, BUT I am not able to use it when I play, I basicaly don't know how to find out your EV (what is absolute and negative EV's?). EVERY time I watch any cardrunners training video I hear THIS EV thing. WHat is equity?
Now guys I wanna know EV and Equity, how to find out, calculate, spot, practise these things, please explain it to me like I am the Dummest or otherwise I woudn't be able to fully understand training videos.
THANKS
EV Quote
03-05-2011 , 04:31 AM
Equity and Expected Value are closely related.

Equity
is your 'share' of the pot.

It can also be thought of as how often you'd win the hand if the rest of the board was dealt out.

Example: If you have AA and I have 72, then before we see the flop, you have 87.42% equity (that's how often you can expect to win. Actually, not to be nitty, but you can expect to win 87.24% of the time, but you pick up an additional 0.18% from the times we tie.)

If there's $100 in the pot your equity would be $100 x 87.42% = $87.42

So, straight away there's a possible source of confusion - equity is both a percentage, but it can also be expressed as a $ amount.

If you want to work out equities yourself, you may want to download Pokerstove or (way better in my opinion) EquiLab.

Expected Value (or EV) is a measure of how much you'll make in a particular situation, if the situation were repeated many times. Obviously, as poker players we're trying to maximise our Expected Value

Maybe start with this article on EV and poker (Google will find you plenty of others. )

Come back and ask questions about the bits you don't understand.

Good Luck
EV Quote

      
m