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[QUOTE="madtom1337, post: 1495635, member: 67398"]
I've read in 'Let There Be Range' that you can calculate fold equity by plugging numbers into a fold equity formula. It doesn't bother demonstrating how to and why to use it, it doesn't give any examples. I really pity anyone who paid the full price for such a lack of attention to detail, but regardless, here's the formula:

0 = XP + (1 - X)(-LV + WH)

Where...

X = Breakeven Folding Frequency
P = Current Size of the Pot
L = Maximum Loss
V = Villain's Equity
W = Maximum Gain
H = Hero's Equity

So... My questions...

1) Is this of any use whatsoever in practice? If not, I presume there may be some use to understanding the theory of this formula.

2) What is 'Breakeven Folding Frequency?'

3) Fold equity isn't a variable in the equation, so how do you get to it?

4) To get villain's equity, would you just take your own equity estimation and subtract that from 100?

5) If, for example, your equity (Hero's Equity, H) is 30%, do you translate this into a decimal and put 0.3 into the equation?

I think that's about it for now.

Thanks.
[/QUOTE]

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