Re: Using pot equity to decide between raising or calling
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For example, if you are getting 8 to 1 for a 20% to hit draw on the turn. You have negative equity here, but the amount of money in the pot gives you sufficient odds to call. You are paying 80% of your call (you are getting 20% back when you hit) to get 20% of what's in the pot. You win when that 20% is bigger than what you had to pay.
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I don't thiink is it totally correct. The equity you have is irrelevant to the size of the pot. In your above example a player is on a draw that has a 20% chance of hitting. He has an equity edge if there are 5 or more people in the hand. Actually it is an edge with 6 people and "fair share" with 5 people. In your above example if there are less than 5 people in the hand and the player is on a 20% draw then he must look at the size of the pot to deterine how to play. In the example he is getting correct odds to continue. After determing he has correct odds to continue then the decision must be made to call or raise.
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