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BGonline.org Forums
Match Equity Table or Match Probability Table?
Posted By: Chase In Response To: Match Equity Table or Match Probability Table? (Paul Weaver)
Date: Saturday, 20 March 2010, at 2:17 p.m.
Seems like a mostly semantic argument. Equity, for our purposes, is simply a way of conveying the strength or weakness of one's standing in the game or match. Whether this is given as a percentage of wins or as the difference between the players' winning chances it is conveying the same information.
That said, presenting match equity information in the conventional format (as winning percentages at the various match scores) makes a lot of sense. In a money game, we are interested in the expectation of profit. We want to know how much we stand to win or lose, on average, and that amount is typically a portion of what is wagered (e.g. fractions of a dollar). In match play, we are interested in the likelihood of winning the entire match, not a portion of the match, so it makes sense to speak in terms of our chances of winning the match instead of "owning" a portion of the match.
Besides MET is so much sexier than MPT.
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