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PokerStove is a program that calculates hand equities (i.e., expected percentage of the time that each hand wins at showdown). [3] Since poker is a game of incomplete information, the calculator is designed to evaluate the equity of ranges of hands that players can hold, instead of individual hands. [4]
In poker, the showdown is the situation when, if more than one player remains after the final betting round, the remaining players expose and compare their hands to determine the winner or winners. To win any part of a pot at showdown, a player must show all of their cards faceup on the table, whether those cards were used in the final hand ...
Pot odds are only useful if a player has enough equity.Equity is the chance a player has to win the hand at showdown.It is calculated as the fraction of remaining cards in the deck for each remaining street (sequential card being dealt, e.g. turn, river) that can give a player the winning hand.
The first half of the formula can be estimated based on reads on opponents or their previous actions. The second part is the equity obtained when the opponent(s) fold to your raise (i.e. the total current pot), minus the equity resulting in case your opponent(s) call your raise (i.e. your showdown equity in the post-raise pot).
A poker odds calculator calculates a player's winning ratio. Winning ratio is defined as, the number of games won divided by the total number of games simulated in a Monte Carlo simulation for a specific player.
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Poker hand converters allow players to take text-based online poker hand history files from online cardrooms and convert them into formats friendly to the eye and suitable for posting on online message boards. Hand converters are often used to show played hands to other players for analysis and discussion.
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