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]

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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]


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You're playing Foxwoods, 1/2NL,

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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]

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

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Yes.

[jpg7n16]

Ok well maybe that was too simple of an answer.

If opponent is capable of folding a two pair hand, then you can guess that the percentage will be higher.

If opponent is a calling station, it is impossible to have any fold equity.

So based off your opponent, you make a guess as to if they are capable of folding. If they are, it makes shoving a draw (sometimes) better than calling with it.

[JanelleBB7]

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

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Yes.

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2 funny! Tys.. I think I get it.. it is a guess just like your reads at the table, so you shouldn't attempt to use fold equity unless you understand your opponent.

[Elrazor]

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2 funny! Tys.. I think I get it.. it is a guess just like your reads at the table, so you shouldn't attempt to use fold equity unless you understand your opponent.

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and you have an understanding of how your opponents view you - if you feel they might think you are a nut peddler they you have alot more f/e than a maniac pushing all kinds of rubbish