To use a poker equity calculator like PokerCruncher is extremely simple and takes 5 minutes to learn. (You can watch the training video at the beginning of this blog for a video tutorial).
In short, you simply enter your hand into the first line and your opponent’s range of hands into the second line.
You click ‘calculate’ and voila, the program spits out your equity (which in this case is roughly 40%).
This means that assuming you’re correct in identifying your opponent’s range, you would win the pot roughly 40% of the time if you were to call his all in with your Ace-King.
This information is extremely valuable in helping you in making the most profitable decision.
Once you have your equity, you simply calculate your pot odds.
If you’re getting the right price you call. If not, fold.
It’s really that simple.
That’s why I believe running equity calculations is the best way to study poker. It’s so efficient there’s really no excuse not to do this exercise three times following every session you play.
Of course, there are times when you must consider other factors at play to make the best decision possible: such as if you are playing a tournament, where each chip is worth less than the preceding chip, thereby influencing the correct strategy.
There are also more advanced things which a poker equity calculator allows you to do, such as counting combos (in this case, you can see in the upper right corner there are 34 combos your opponent can have).
Counting combos is important because it helps you to calculate your equity in real time, while you’re playing the hand. After all, you can’t run equity calculations at the table. Counting combos in real time is something I discuss at length and show you exactly how to do in the Conscious Poker Membership.
However, if you can correctly put your opponent on a hand range, and accurately determine your equity, you’ll be leaps and bounds ahead of the competition.