Equity

Equity

One's mathematical expected value from the current deal, calculated by multiplying the amount of money in the pot by one's probability of winning. For example, if the pot currently contains $100, and you estimate that you have a one in four chance of winning it, then your equity in the pot is $25. If a split is possible, the equity also includes the probability of winning a split times the size of that split; for example, if the pot has $100, and you have a 1/4 chance of winning and a 1/5 chance of taking a $50 split, your equity is $25 + $10 = $35.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Games
Category: Poker
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

equity

Financial services; Real estate investment

As an investment term, equity means the interest or value in real estate over and above the liens against it. Liens are charges or encumbrances on property that have to be paid ...

equity

Banking; Investment banking

Also: capital base. (1) In a broader sense a synonym for equity capital. (2) Banking: Article 11 of the Implementing Ordinance for the Swiss Banking Law stipulates that equity ...

Equities

Banking; Investment banking

In terms of asset class: investments where the stock market is the main risk driver, i.e. exposure to corporate, region or sector risks. Includes listed stocks of energy / ...

drag light

Games; Poker

To pull chips away from the pot to indicate that you don't have enough money to cover a bet. If you win, the amount is ignored. If you lose, you must cover the amount from your ...

going south

Games; Poker

To sneak a portion of your chips from the table while the game is underway. The intent is to reduce the stakes you have at risk. Normally prohibited in public card rooms. Also ...

balance

Games; Poker

Balance refers to playing very different hands in the same way, with the aim of making it more difficult for an opponent to gain useful information about the cards a player has, ...

angle

Games; Poker

A technically legal, but borderline unethical, play. For example, deliberately miscalling one's own hand to induce a fold, or placing odd amounts of chips in the pot to confuse ...

ante off

Games; Poker

In tournament play, to force an absent player to continue paying antes, blinds, bring-ins, or other forced bets so that the contest remains fair to the other players. Go ahead and ...

back in

Games; Poker

To enter a pot by checking and then calling someone else's open on the first betting round. Usually used in games like Jackpots, meaning to enter without openers.