Say for example we hold A K preflop and we know for a fact that our opponent holds J T, and there is $30 in the pot. So if there is 60% chance that you are going to win, you have 60% equity in the hand. Your equity is basically the amount of the pot that 'belongs' to you based on the odds you have to win at a particular point in the hand. Pot equity (or just 'Poker equity') is a mathematical application to poker that helps to explain why you should bet or check in certain situations. Equity percentages in this article have been calculated using the handy (and free) PokerStove.
