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Ive got a pretty basic question, but it is something I dont fully understand. What exactly is fold equity and how does it relate to game play??? Thanks.
Fold Equity is basically a price your going to be giving an opponet if you shove all in. The more chips the more fold equity. Its important to watch in relation to game play because obviously the lower the amount of FE you have the stronger your hand has to be. If you have enough FE you can use all your chips on a bluff and if villian is not getting the right price and doesnt have a hand he will have to fold. However you if you have 0 FE your basically going to get called no matter what your oponet has. Hope that helped.
yeah it basically refers to the money you win when your opponent folds to a bluff or a semi-bluff.
like bigdog said, when you have a shorter stack and you make a bet/shove that is always getting called, then you have no fold equity and should only be shoving/betting for value.
however, if you have enough chips to make your opponent fold, then you do have fold equity, and the amount of fold equity you have depends on the price your opponent is getting and his range.
a good example is restealing. this is when you have 15-25BB and have a an opponent open-raise in front of you preflop. in today’s games very few people are folding to 10BB shoves after raising preflop–meaning that a 10BB shove over a raise preflop generally has no fold equity.
however, if your opponent is raising a wide enough range, you can shove your 15-25BB stack over his raise and have fold equity.
It’s sort of hard to explain and I’m not sure how good of a job I’ve done. If you still have questions by all means ask.
TPE Management
March 17, 2010
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you can quantify fold equity too. Let’s say for example your opponent raises the button into your big blind. If you shove, let’s imagine whatever you hold has 40% equity vs the opponents calling range….that’s the equity your hand holds vs the calling range.
However, your opponent isn’t always calling. Let’s say he’s a really loose player and you think that he’s opening about 25% of his hands there, but he’s only calling with the top 5% of hands. That means that 80% of the time he folds and you win 100% of what’s in the pot.
Then to calculate the equity of shoving, you would take the value of winning the pot 80% of the time uncontested (your fold equity) + the equity of your hand the 20% of the time when called.
I really suggest you study fold equity if it’s unfamiliar to you because when you really see how much profit fold equity adds to your shoves you will become less afraid to apply pressure on your opponents and care less about worst case scenario when the opponent has the upper end of his range.
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