Fold equity is possibly one of the most misunderstood terms in all of poker. If you Google “fold equity”, nearly half of the information you get is incorrect. This is not meant to be a comprehensive discussion of fold equity, it is meant to briefly address the importance of fold equity in NL SitNGo tournaments.
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So, as I indicated in my last post, I’m going to be reviewing one hand from the 2008 World Series of Poker Main Event Final Table, primarily to demonstrate that the hands shown are not necessarily the best-played hands. I believe this was the second hand shown on ESPN. Amateur Dennis Phillips entered the final table as the chip leader, lost some chips on the first hand, and was in second place to Russian professional Ivan Demidov when this hand came up. Phillips was first to act, Demidov was near the button. I’m going to jump right into the hand, and evaluate each action. I’ll indicate some thought on how I think the players should have played each action too.
Now that everyone has gotten to watch the World Series of Poker Main Event final table several hundred times on ESPN, I thought I would post some reflections on the success or failure of this new method of waiting 4 months to hold the final table. As many people have commented, waiting this long totally changed the dynamics of the table, because it gave the players months to get endorsements, sell percentages of themselves, hire personal coaches, etc. From a TV standpoint however, the public has spoken and they like it. Viewership was up almost 50%.