Pot equity

Pot equity is your percentage chance of winning the pot at any given point in a hand. That percentage is the amount of equity you have in the pot or how much of the pot "belongs to you".

Here's a Texas Hold 'em example. You hold AsAh and you have a single opponent with what could be any hand. Your pot equity against a random hand is about 85%, meaning that if you both pushed all-in and the hand went to the showdown you can expect to win about 85% of the time. Notice that this is for a run all the way to the river with no strategy discussion and no chance of anyone folding to scare cards. The effect is the same as if both players agreed to check all the way. Pot equity does not tell you anything about numbers of bets you can expect to win.

You're not always up against a random hand, of course. If my opponent calls my raise with my AsAh above, I can start to put her on some hands which will eat away a bit at my pot equity.

You probably won't be figuring pot equity at the table. You'll mostly be figuring it after the fact when you wonder how good your AKs was against someone's ATo (answer 75%). Use a tool such as PokerStove for help in figuring your pot equity.

Pot equity has some use at the table. Primarily it lets you know how much of the pot "belongs to you," as mentioned above. When you know your equity, you can compare it to your "fair share" which is just the pot size divided by the number of people in the hand. So, when you start a hand with pocket aces and have three opponents, you know that your fair share is about 25% but your pot equity is around 85%. Therefore, all bets that go into the pot earn you more than your fair share. This is especially useful when you're trying to determine whether to check/call vs. bet/raise with a flush draw. If you have many players in, your pot equity (the chance you'll win the hand, which is directly related to you making the flush) vs. your fair share may warrant a bet/raise rather than a check/call. That is, every bet you put in and get called is, theoretically, extra money for you when your pot equity is higher than your fair share.

NEOVIA Enters Remittance Market with Launch of NETELLER Money Transfer Service for Instant Online Movement of Funds

Cost-effective global remittance increases choice for sending payment to friends and family

Tuesday, 28th July 2009 – NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, announces its NETELLER Money Transfer service, that lets friends and family send and receive money instantly around the world securely through a user-friendly interface.

With no transfer fees for the receiver, the sender only pays a 1% transfer fee up to a maximum of $10 USD. This makes the NETELLER Money Transfer service one of the most cost effective methods available to consumers on the market.

The global remittance market is forecast to be in excess of $300billion this year, according to World Bank estimates. Senders can apply for a free NETELLER account and send money the same day to anyone with an email address. The service allows people to transfer funds in 20 different currencies to over 180 countries, where NETELLER offers a service. It has a wide variety of deposit options including credit/debit card, bank transfer, direct e-Banking, Giropay, iDEAL, and Ukash and will automatically convert the currency for the receiver as well as support multiple local languages.

Receivers of funds are prompted to open their own NETELLER account and withdraw via a number of flexible options including bank transfers, cheques, bank wires or through the Net + card which can be used at over 1 million ATMs and 30 million point-of-sale terminals world-wide.

Dan Starr, Executive VP NEOVIA Financial said: “The launch of NETELLER Money Transfer is NEOVIA’s official offering in the global remittance marketplace, making transfer services such as bank drafts, money orders and cheques redundant. If you’re settling up your tab with a friend round the corner or sending money to your parents or loved ones around the world, you want the money to get to them as soon as possible, safely and with minimum charges. We know how to move funds and we know how to do that quickly and securely.”