Originally posted by w34z3l
Originally posted by Albeback
I don't understand why you LOL at MrMardyBum since you are saying the same thing.Perhaps. But technically, since we are discussing the HEM allin-ev line it probably makes a lot more sense to refer to your ev as $-.2 since this is how it would be calculated by HEM. Don't you agree?
Suggesting your EV is $4.80 may be indicative of a common misunderstanding in how EV is calculated.
One forgets you can lose money in any given situation and therefore expect EV to exist somewhere on the scale $0 to $10. Realistically if you are allin preflop, it makes far more sense to consider your EV on a scale between $-5 and $5 in the given example. This is how HEM does it, and how it would be calculated if one was asked to calculate the EV of a preflop allin.
Naturally it depends on your point of reference, and perhaps MrMardyBum realises this; he just didn't choose the most logical reference point given the context of this thread, so one is left to wonder if he really has a clue what he is talking about.
Perhaps he was just trying to communicate with Bennisboy which is where the issue began
Originally posted by bennisboy
Say there is $1 in the pot, and you are 75% favourite, well then, it counts in the EV graph as though you won 75c, regardless of whether you got the $1 or $0.I'm sure someone is misunderstanding something...somehow......notice how you can't lose money in this example. Easy game, huh?
The common misconception is that EV = (amountyoucan win * %chanceyouwin)
The correct definition of EV =
(Amount you can win * %chanceyouwin) - (amount you can lose * %chanceyoulose)
That is the same actually with how the others were calculating. Just that for them amount you can win is pot and for you is your stack. In the end is the same.
Actually what MrMardyBlum is saying is taken from the way it appears in HEM I think. And in HEM EV is calculated as like this as far as I understood:
Lets say again it is AK vs QQ 48/52 for 5$ each. In HEM if you have AK you will have in the $EV adjusted column when you win -5.2$ and when you lose +4.8$. And that is how the graph will go.

