Each week, the Talking Poker series will highlight a particular poker term. We’ll give you a clear, to-the-point definition of the term and an example of the strategic concept to which it refers, so that you can start using the term and implementing the related strategy into your game. Today we focus on the concept of “equity.”
Definition
“Equity” refers to your “rightful” share of a pot as determined by your current chance of winning the hand. If you are heads-up with $180 in the pot and your chance of winning the hand is 50%, your “equity” in the hand at that moment is $90.