play equity

Play equity refers to the value a player gains from participating in a game, beyond just winning or losing. It measures how much a hand or position is worth based on the potential outcomes if the hand were played out multiple times. For example, in poker, a player's play equity shows their chances of winning at any given point, considering all possible future cards and decisions. It helps players understand the strength of their current situation, guiding better decision-making by quantifying expected value. Essentially, play equity bridges current action with probable results over the long run.