Tournament Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
So calling the all-in
So calling the all-in on the flop will net a positive expected value of $1.6 on average. Our equity is low in this situation, so a majority of the time we will lose, but based on the money in the pot, and our opponent’s bet, the expected value net is positive.
Fold Equity
Fold Equity Fold equity is the equity gained in your hand if you bet or raise and get your opponent to fold. It's an estimation of how often you believe your opponent will fold multiplied by your opponent’s current equity. So if you opponent has 75% equity in their hand, but you estimate that if you bet, you can get your opponent to fold 50% of the time, then your fold equity would be: