Thread: EV formula
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Old 06-29-2007, 01:22 AM
BritNewbie BritNewbie is offline
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Join Date: Dec 2004
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Default Re: EV formula

I think I can see how this formula was derived:

Write your pot equity as a decimal (ie. 20% equity would be written as 0.2)

Then (1 - pot equity) represents the probability of not winning the pot. If you multiply that by the size of the current bet, that's how much of the current bet you're going to lose.

At the same time, pot equity X pot size is how much of the pot you stand to win.

Added together those two figures give you the E.V.

I hope that's right.
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