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What is Table Equity (TEQ) in poker?

Your share of tournament equity divided by the total tournament equity of all players at your table. TEQ provides a direct measurement of your relative strength against the other players at your table.
TEQ = $EV / Table $EV
Details:
  • Custom solutions: Table $EV = IP $EV + OOP $EV
  • Pre-solved solutions: Table $EV includes every player at the table.
  • Note that $EV is relative to folding = 0