Texas Hold'em No Limit Advanced

Fold Equity

5,796 Views 5 Comments on 22/11/11

In this article we'll examine the concept of 'fold equity' in detail.

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Fold equity is the additional equity that you gain in a hand when you believe there is a chance your opponent will fold. This is what makes semi-bluffing in poker profitable. For you to gain fold equity you must bet or raise – an opponent cannot fold to no bet.

The percentage chance that your opponent will fold to your bet or raise increases your total equity in the hand by that amount. This can of course be wrongly calculated as you must make an educated estimate on how often they will fold.

Your ability to make these types of estimates should naturally improve as your knowledge of the game and specific opponents gets better!

Total Equity = Current Equity + Fold Equity

For example, if you have a draw and believe that your hand will win 30% of the time, this is not very good as you will lose 70% of the time this hand goes all the way to showdown. However if you believe that there is a chance your opponent will fold his hand to a bet 50% of the time then you now make a judgement of your fold .

Fold Equity = chance our opponent will fold * opponent's equity in the hand

Therefore, if we think that we have 50% equity against our opponent and that he will fold to a bet or raise 50% of the time, then our Fold Equity is 25%. Using the above example, assuming we have a draw, this will bring our overall equity to 55%. Indeed, fold equity can be highly useful in these types of situations and allows you to effectively "semi-bluff" your opponents profitably.

Fold equity is also useful when trying to fold out your opponent with a pure bluff. Being able to bluff your opponents off their hands is a difficult skill, and requires you to have a good idea of how often your opponent will fold to your bets in order to make it profitable in the long run.
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Adam Jones

Adam Jones, Micro-Stakes Cash Game Coach at PokerVIP.com My online alias is "w34z3l", I'm 27 years old from the UK. I have been playing poker for 8 years and have worked my way up from the lowest stakes. I currently play at games at 200nl and higher. My game of cho ... Read More

Comments

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giantpoker

giantpokeron 1/9/17

i cant understand

w34z3l

w34z3lon 14/5/15

Btw, I did not write this article =) No idea who did....

ferbow

ferbowon 3/10/14

I think is an error here, I'm not able to see the article

TOMMYPICKLEPOKER

TOMMYPICKLEPOKERon 5/12/13

thanks for this. love it

Jon-PokerVIP

Jon-PokerVIPon 3/12/13

Making an opponent fold when he has equity!?!?! Sounds perfect to me. Love this article.

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