FE Calculation

[tsearcher]

Is this formula correct to determine your EV when including Fold Equity?

EV = (FE*OP) + ( ((1-FE)*(PAC*PW)) -B) )

Where FE = Fold Equity
OP = Original Pot before hero's bet
PAC = Pot after hero's bet and villains call
PW = Probability of hero winning
B = Hero's bet

[_TKO_]

The 1-FE term has to be outside the other brackets.

Look at it this way:
EV = (chance villain folds)*(reward when villain folds) + (chance villain calls)*(reward when villain calls)

EDIT: the term (reward when villain calls) is the EV calculation based on your pot equity.

[tsearcher]

Is this correct?

EV = (FE*OP) + ((1-FE) * ((PAC*PW)-B))

(FE*OP <font color="blue">chance villian folds * reward</font> ) +

(1-FE <font color="blue">chance villain calls</font> ) *

((PAC*PW)-B <font color="blue">reward when villain calls) </font>

[_TKO_]

Looks good to me.

[tsearcher]

Thanks