Fold Equity By B. Butler Fold equity is an implied value gained by folding, most often applied by the presence of an outside bonus or reward that could be had simply by releasing your poker hand regardless of the actual content of what is on the table. Fold equity is most directly applicable in tournament situations where the value of cash prizes ascends the longer you stay in, so that by simply surviving the hand while another poker online player busts, you move up in prize money. For instance, you are at the final table of a large poker tournament, and a player with about your stack goes all in, followed by an all in another player who has more chips than both the original raiser and yourself, you are then given the choice whether to call for your tournament life, or fold. In this spot, with a hand like pocket jacks, which could easily be the best hand, you are getting fold equity in the idea that if you fold and stay alive and the original player busts, you will automatically move up in prize money. The amount of the prize money gained by doing nothing but folding gives you equity in making what is otherwise a coin flip or even slightly more lucrative decision.

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