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What is Equity Realization (EQR) in poker?

The ability of a hand to "realize" its raw equity. Generally, Equity Realization (EQR) has come to mean the translation of raw equity to expected value. A hand that wins more than its equity would suggest is said to "over-realize" its equity. A hand that wins less often than its equity suggests is said to "under-realize" its equity. Mathematically, equity realization is typically defined as EQR = pot-share / equity, where pot-share is the expected percentage of the pot a hand will win according to its expected value, and equity is the raw equity of a hand if checked to showdown. For example, a hand that wins (on average) 70% of the pot, which only has 40% raw equity, has an equity realization factor (EQR) of 0.7 / 0.4 = 175%.
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Equilibrium Equity Equity buckets Equity denial Equity distribution Expected Value (EV) Exploit Exploitative Strategy Face cards