Definition
A runout is the remaining community cards (turn and river) and how they change hand strengths and ranges.
Runout
The sequence of turn and river cards that complete the board.
Key points
- Different runouts drastically change equity distribution.
- Some runouts are better for the aggressor; others for the caller.
- Monte Carlo equity averages over possible runouts.
Common misconceptions
Myth
Only the current board matters.
Reality
Future runouts affect the EV of continuing now.
Myth
Runouts are random so planning is pointless.
Reality
Planning is exactly about probabilities over runouts.