EV CASHOUT
What is EV Cashout?
EV Cashout allows you to claim your equity in real money when you go all-in before the river. Equity is your deserved share of the pot calculated on the basis of your current chance of winning the hand.
When you opt for EV Cashout, you receive your equity share of the pot and exit the hand. The hand continues as usual for the other all-in players, with the winner taking the whole pot.
You can remove the stress from which cards are coming, and use EV Cashout to safeguard your deserved equity.
Why Use EV Cashout?
Instantly claim your share of the pot that you deserve
Leverage real-time equity to minimize variance
Take control of your game with reduced variance
Play more hands with more confidence
EV Cashout FAQs
Equity Cashout is a feature that lets you claim your share of the pot before the river card is revealed, so you don’t have to rely on the outcome at showdown.
Let’s say you go all-in at the Flop and opt for EV Cashout. Your opponent calls, your equity shows 90%, and you end up losing the hand. Your opponent will win 100% of the pot and you will win 90% of the pot (pre-deduction) since you’ll be covered under EV Cashout.
EV Cashout is available for all players on all Cash Game tables. To avail the feature, you must be all-in at any time before the river. Please Note: EV Cashout is not available on compulsory RIT (Run It Twice) tables.
You can opt for EV Cashout for a small fee, shown here:
Consider the following situation where you are all-in, and you opt for EV Cashout:
– Pot size = $1000 pot
– Your equity = 90% = $900
– Table rake = 5% = $50
– EV Cashout Fees % = 3%
– Your Cashout: [(Pot size – Total Rake) x Equity] x (100 – EV Cashout Fees %)
You will get $837.90 as winnings after using the EV Cashout in this situation.
– Instantly claim your fair share of the pot: You can go all-in at any time before the river and opt for EV Cashout to instantly claim your current expected share of the pot, instead of waiting for the hand to end and accepting the actual outcome at showdown.
– Stay protected against potential bad beats: You can opt for EV Cashout to safeguard your share against rare, inevitable situations of bad beats.
– Play more hands with more confidence: It is good practice to play selective hands in poker. With EV Cashout, you can leverage playing more hands.
– Take control of the game with reduced variance: Poker is a game of probability and variance. Features like EV Cashout help secure your EV against such variance and swings.
In that case, all players exit the hand and receive their share of the pot based on their respective current equities at the time of going all-in before the river. Although the hand continues as usual, the outcome at showdown has no impact on individual player winnings in this case.
– Click on the Hand History icon at the bottom-left of the game table.
– If you opt for EV Cashout, it will show against your username.
– Click on the feature name to see the detailed Hand History.
– Click on the ☰ icon in the top-left corner of the game table.
– Click on Table Settings.
– Under Basic, turn off the toggle icon beside EV Cashout to temporarily switch off the feature.
EV Cashout Terms and Conditions
1. Usage of EV Cashout:
EV Cashout is applicable on selected tables on pots above a certain value, depending on stake and game type. When players are all-in during a pot, and neither holds an equity of 100%, all participants in the all-in scenario can opt for EV Cashout. By paying an EV Cashout fee, players can receive a payout equivalent to their respective equities.
EV Cashout is not available on during bomb pot hands, compulsory RIT (Run It Twice), or compulsory RIT+1 tables.
2. EV Fee Structure:
By paying an EV Cashout fee, players can receive a payout equivalent to their respective equities.
How does the EV Cashout fee work?
Example:
Consider the situation where a player is all-in during a $1,000 pot. They have an equity of 90%, the table has a total rake of 5%, and the EV Cashout Fee % is 3%. The following deductions apply:
- First, a rake of $50 will be subtracted.
- Then, a fee of $25.65 (3% of the player’s share of the pot) will be levied.
- The player will be awarded $829.35 as winnings upon opting for EV Cashout.
3. EV Cashout Calculation
EV Cashout is calculated using the formula:
Cashout = [(Pot Size – Total Rake) x Equity] x (100 – EV Cashout Fee) %
4. Conduct and Fraudulent Activities:
Players engaging in any form of misconduct or fraudulent activity will be subject to immediate blocking, and appropriate action will be taken against them.
5. Failure to Opt In for EV Cashout:
If a player fails to click on EV Cashout within the stipulated time, it will be declined by default. In case a player fails to opt for EV Cashout due to disconnection or any other reason, CoinPoker will not be responsible, and no refund will be provided based on the result of the hand had the player opted in.
6. Right to Cancel Promotion:
CoinPoker retains the right to cancel or remove the EV Cashout promotion at any time without prior notice.
By participating in the EV Cashout feature, players acknowledge and agree to adhere to these terms and conditions. CoinPoker reserves the right to update or modify these terms, and it is the responsibility of players to stay informed about any changes.