Definition
Fold equity is the expected value you gain from the probability that your bet makes the opponent fold.
Fold equity
EV gained from the chance the opponent folds.
Key points
- Fold equity is a key part of bluff and semi-bluff EV.
- It depends on opponent ranges, bet sizing, and board texture.
- A play can be +EV even with low showdown equity if folds are frequent enough.
Common misconceptions
Myth
Fold equity means I’m bluffing.
Reality
Value bets also have fold equity when worse hands fold.
Myth
Fold equity is always good.
Reality
If better hands fold, you may lose value (thin value spots).
Try it in Pocket Equity
Related terms
bluff · semi-bluff · bet-sizing · range