Payouts:
1st $15
2nd $9
3rd $6

Assumptions: Villains will not split pot. Loser of pot will finish 3rd (even if still has 110 chips left)

After posting the BB, I have 7000 chips (15k total in play)
If I fold, I will be HU 7k vs. 8k
Call it 50% I finish 1st; 50% second
T-Equity = $12

Now if I call....
If I lose the hand: HU 5k vs 10k
1st place 33%; 2nd place 66%
T-Equity = $11

If I win the hand:
1st place 100%
T-Equity = $15

x% = probability I win the hand
y% = probability I lose the hand

How often do I need to win the hand to have T-Equity of $12 (same as folding)?
15x + 11y = 12
x= 25%

I need to win this hand 25% of the time to be correct.
Do I have 25% Equity?
I can't access PokerStove now. What's my Equity vs. 2 opponents [any A; any K; any 2 broadway; any pair]?

__________________
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