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Equity Realization: The Share of Your Equity You Actually Win

Equity realization is the share of its equity a hand actually wins. Equity counts the turn and the river as if both came for free; at the table, a bet on the turn can make a hand fold first. A draw that folds whenever it misses the turn reaches the river only when it has already hit. Position and the bets still to come decide how close a hand gets to its raw equity.

Check a draw yourself

Enter J♥T♥ against A♠A♦ on 9♥ 8♣ 2♥, then add a turn card:

Equity to the river against hitting on the turn

Hand and boardDrawOutsHits on the turnEquity to the river
J♥T♥ vs A♠A♦ on 9♥ 8♣ 2♥straight and flush draw1533.3%56.3%
7♣6♣ vs A♠K♦ on K♣ 9♣ 2♦flush draw920%38.9%
Q♦J♦ vs A♠K♦ on K♠ 9♣ 4♥gutshot48.9%18.7%

Each draw's equity counts both the turn and the river. If J♥T♥ folds to a turn bet whenever it misses, it reaches the river only the 33.3% of the time it hits the turn, so it realizes well under its 56.3%.

What changes realization

FactorEffect
a bet before the rivera hand that folds when it misses only reaches the river after hitting
a street that checks throughthe next card comes free
positionout of position, a hand acts first on every street and usually realizes less

Keep going

Today's spot →

To go from one opposing hand to a whole range, see how to calculate equity vs range.

Sources

Frequently asked questions

What is equity realization in poker?

The share of its equity a hand actually wins, given the bets it will face. Equity counts the turn and the river as if both came for free.

Why does a draw realize less than its equity?

Because a bet can make it fold before the river. J♥T♥ has 56.3% against A♠A♦ on 9♥ 8♣ 2♥, but hits on the turn alone only 33.3% of the time.

Does position change equity realization?

Usually, yes. Out of position, a hand acts first on every street and sees the opponent's action only after its own, so it usually realizes less.

How we made this page

The spots come from our library of 647 puzzles. Their expected answers follow rules we wrote and explain on each puzzle; they are not solver outputs. 9 figures on this page are recomputed from the cards by our automated tests. Written with the help of AI tools, then reviewed and checked by our team.

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