Definition
Equity is the percentage of the pot you expect to win on average if the hand runs to showdown from this point, given the ranges and unknown cards.
Equity (poker)
Your share of the pot in expectation, given ranges and future runouts.
Key points
- Equity is an average over all possible runouts and opponent hands (ranges).
- Equity alone is not EV: you also need pot odds, bet sizes, and future action.
- Sampling (Monte Carlo) estimates equity; more samples reduce noise.
Common misconceptions
Myth
Equity is the chance I win this hand.
Reality
It’s your average share of the pot, including ties.
Myth
If I have 55% equity, I should always continue.
Reality
You still need to compare to the price you’re being offered.
Try it in Pocket Equity
Related terms
pot-odds · break-even-equity · range · fold-equity · equity-realization