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Old 11-23-2007, 10:33 PM
PJM1206 PJM1206 is offline
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Join Date: May 2005
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Default Pokerstove Results

I thought that pokerstove resluts displayed % hands won until recently. Is there a big difference? Looks like the results are similar win % vs equity % ? below was extracted from the pokerstove site:
Q1. What does PokerStove calculate?
The values generated are all-in equity values. This is not the chance that a hand will win the pot. Rather it is the fraction of the pot that a hand will win on average over many repeated trials, including split pots. The equity for a hand is calculated by dividing the number of "pots" that the hand won by the number outcomes considered. Because two players can split a pot, a player can win fractional pots. Thus, it is possible for a hand to have non-zero equity despite the fact that it cannot win.


equity (%) win (%) / tie (%)

Hand 1: 50.3340 % [ 49.39 00.95 ] { 2s2h }
Hand 2: 49.6660 % [ 48.72 00.95 ] { random }

In the above example the pair of twos has 50.334% equity. That equity is made up of 49.39% win equity, and .95% tie equity. The tie equity is not the percentage of time that a hand will tie, rather it is the equity attributed to ties. Tie equity is reported instead of % tie because the amount of equity that a tie generates depends on how many players shared the pot. If two players share a pot, half the equity for that pot will given to each player. If three players share a pot, one third of the equity for that pot will be allocated.
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