Equity question
 

Hi,

What are the general rules of how to choose the right action based on your equity in the pot at that moment? It makes sense to normally raise when your equity is over 50%, as you would technically be happy to get it all-in under those circumstances. But what if your equity is less than 50%? When Pstoving hands, the equity is based on the turn and river being dealt, right? That being the case, isn't a simple EV calc based on your equity wrong because you could be facing another bet on the turn (if you're calculating flop equity). Or is the following simply correct:

OPP bets $100 into a $100 pot. You have 40% equity against his range. EV=(300 x .4)-100=$20, make the call.

Re: Equity question
 

Look here:

http://www.pokerstove.com/pokerstove/faq.php#Q13

and read the 1st line of Q13 especially - no more actions.

Re: Equity question
 

[ QUOTE ]
Look here:

http://www.pokerstove.com/pokerstove/faq.php#Q13

and read the 1st line of Q13 especially - no more actions.

[/ QUOTE ]

Understood, but that still doesn't answer how you use your equity to help discover the correct line on the flop. That's really my question, and the answer might be that it isn't all that helpful--that you need to fully "solve" the hand to truly determine the correct line.

Turn equity in PStove is obviously immediately applicable as there is only 1 card to come.

Re: Equity question
 

It's more complicated than this. You have to look at how your hand will play on future streets and how your opponent will play each of his possible holdings on future streets.

For example, bottom pair might have the same equity as an OESD on a certain board vs. a certain opponent. You should be much more likely to continue with the straight draw, as it will be much easier to play on later streets.

Also consider two made up hands:
1) Has 50% equity vs. opponent's range regardless of flop
2) Has 100% equity on 50% of the flops and 0% equity on the other 50% of the flops

Both hands have 50% equity against your opponent's range. However, 1 should generally be folded to a small preflop raise; with hand 2 you should call or reraise.

Re: Equity question
 

[ QUOTE ]
It's more complicated than this. You have to look at how your hand will play on future streets and how your opponent will play each of his possible holdings on future streets.

For example, bottom pair might have the same equity as an OESD on a certain board vs. a certain opponent. You should be much more likely to continue with the straight draw, as it will be much easier to play on later streets.

Also consider two made up hands:
1) Has 50% equity vs. opponent's range regardless of flop
2) Has 100% equity on 50% of the flops and 0% equity on the other 50% of the flops

Both hands have 50% equity against your opponent's range. However, 1 should generally be folded to a small preflop raise; with hand 2 you should call or reraise.

[/ QUOTE ]

Well put. I figured it isn't that simple, hehe.