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EV Calc - GT Check last post!!!!

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  • rancidrancid Member Posts: 5,945
    edited December 2011
    GT I am back

    Think I got it, is this right

    Another EV Calc, does this look right

     

    Pre flop pot £48

    Oppo bets £12

     

    Hero jams £80

     

    Oppo has to call £68

     

     

     

    Fold Equity = 35%, Oppo calls 65%

     

    Hero Pot Equity =20%, oppo equity 80%

     

     

    +EV £2.60 ??????????

  • grantorinograntorino Member Posts: 4,710
    edited December 2011
    By my calcs

    Fold:0.35(60)=21
    Call, we win: 0.65(0.2)(128)=16.64
    Call, we lose: 0.65(0.8)(80)=41.6

    So EV= 21+16.64-41.6=-3.96

    or directly into formula I posted above
     0.35(60)+0.65[(0.2)(128)-(0.8)(80)]=-3.96

    The stuff you posted above about multiplying probabilities is what you need to do. Thats what my calc does. There are 3 possible outcomes, we work out probability for each, and multiply each probability by profit/loss for each. Add together to find overall EV.

    Its very possible there is a mistake in my calcs, if you think there is one let me know
  • rancidrancid Member Posts: 5,945
    edited December 2011
    Yeah thought I had put 40 not 48 as pre flop pot - my bad

    All looks good, I am finally getting there )

    FOLD EQUITY = Our opponent folds.

                We win 60 (this is what’s currently in the pot) 35% of the time.

                60 x 0.35 = 21

                POT EQUITY 1 = Our opponent calls and we improve to make the best hand.

                We win 128, 20% of the time.

                128 x 20 = 25.60

                POT EQUITY 2 = Our opponent calls and we don’t improve.

                We lose 80, 80% of the time.

                            -80 x 0.80 = -64

     

                EV = Fold Equity + Pot Equity

                EV = (21 + { 0.65 x [ (25.60) - (64) ] }

                EV = (21 + {-24.96}

                EV = -3.96   

  • grantorinograntorino Member Posts: 4,710
    edited December 2011
    well done, now have a well deserved beer :)

    3rd last line of your post = formula I gave

    If you want to work out fold equity required to breakeven put formula=0 and solve for F, but we will leave that for another day
  • rancidrancid Member Posts: 5,945
    edited December 2011
    In Response to Re: EV Calc - GT Check last post!!!!:
    well done, now have a well deserved beer :) 3rd last line of your post = formula I gave If you want to work out fold equity required to breakeven put formula=0 and solve for F, but we will leave that for another day
    Posted by grantorino
    ) I am going out for a couple - brain melt

    onto reverse implied odds next and how they affect your EV !!!!!!!!!!!!!
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