hard · Poker Theory Foundations

Why does Equity Realization (EqR) typically fall for a hand like 76s in a multiway pot compared to heads-up?

  1. Hero is more likely to be in position in a multiway pot, which usually increases EqR.
  2. The probability of the hand being 'best' at showdown is conditional on dodging multiple independent ranges, which compounds realization leaks.
  3. The 'Denial Term' becomes negative in multiway pots, reducing the incentive to bet.
  4. In multiway pots, the pot odds are better, so EqR actually rises to compensate for the higher price. (under this line) (under this line) (under this line)

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