Fold Equity - what is it? and does it really apply in PLO?

[JanelleBB7]

So i saw this post discussing Fold Equity and it really seemed to apply to no limit holdem where you can put your opponent in tough descision making situations, but does it really apply to PLO? If so how does it apply? [img]/images/graemlins/confused.gif[/img]

Here is where I read about it:

http://forumserver.twoplustwo.com/showfl...e=2#Post6625934

[Parlay Slow]

Fold equity means you can push some more marginal situations with certain hands because you can win the pot without getting to showdown

of course it applies in any form of poker

[Elrazor]

He explains F/e well, but he has manufacured a situation that will hardly every happen purely to justify his calculations

i havent played NLHE for a while, but i dont think its standard to open for 7.5 BB's is it?? and 4 other callers, making the pot 6 way with $75 dead money?? [img]/images/graemlins/crazy.gif[/img]

so he shoves and everyone folds - so absolutely everyone has missed this draw heavy flop?? dosent this many callers usually indicate middle pairs and suited connectors?? hmm.... if i could find a game this juicy i wouldnt be messing around with PLO [img]/images/graemlins/tongue.gif[/img]

anyway enough HLHE talk - i think the basic reason you want to start shoving with draws in PLO, is to show you dont always have top set when you shove. Consiquently when you do have top set you are much more likely to get looked up by middle set, TTP, etc - hands you are owning and have virtually no chance against you

[Slap My Jack]

[ QUOTE ]
but i dont think its standard to open for 7.5 BB's is it?? and 4 other callers, making the pot 6 way with $75 dead money?? [img]/images/graemlins/crazy.gif[/img]


[/ QUOTE ]


[ QUOTE ]
You're playing Foxwoods, 1/2NL,

[/ QUOTE ]

Not unusual at live poker at all. Esp. 1/2

[DonCologne]

Fold equity is great if you have a straight and flush draw with 15+ outs (Lets say it is a 50/50 situation). If the opponent has bottom or middle set and you have a chance he will fold in x% of the time, your EV is:

x*POT + (1-x)* 0.5 * POT = 0.5*POT + 0.5*x*POT

If the Pot is 100$ and he folds 20% of the time your EV is 60$ and the additional 10$ (if he never folds your EV is 50$) is your fold equity.

[JanelleBB7]

So how do you determine how frequently the player will fold.. is this a guess?

[jpg7n16]

[ QUOTE ]
So how do you determine how frequently the player will fold.. is this a guess?

[/ QUOTE ]

Yes.

[Ribbo]

There is no such thing as fold equity in pot limit omaha. People just never fold. If you start fooling yourself into thinking you can raise someone off a better hand than yours, then you're just wrong. If people fold to your raise, then it's because they had absolutely nothing and you weren't bluffing, you were value betting.

My point is really this, do NOT ever factor in "fold equity" when deciding whether or not to bet your hand. It is almost irrelevant in the grand scheme of things.

[JanelleBB7]

I HEAR you Ribbo.. you must play on Pokerstars lol.

[dshadow35]

Janelle,

I must admit that Fold Equity before the flop in PLO really does not exist so much because no hand is such a big underdog that you can make someone fold. However Post Flop it can exist.

In spots were you would see more folding such as tournament poker it would apply more.

Janelle, I told you I would reply to your posts [img]/images/graemlins/smile.gif[/img].