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EV Cashout at GGPoker: Everything You Need to Know
Every poker player regularly faces bad beats. Losing after going all-in with a strong equity can be very painful and may lead to tilt. To reduce the impact of such situations, GGPoker offers EV Cashout — an all-in insurance feature. Let’s take a look at how it works and when it actually makes sense to use it.
How does all-in insurance work?
The EV Cashout appears in the hand of the cash table in any format (except for AoF). Some conditions apply:
- Two players remain: you and your opponent.
- You went all-in on the flop or the turn.
- The pot is at least 20 BB.
- The equity of your hand is 60% or more.
If all these conditions have been met, the "Cashout" button appears. You must click on it in time; otherwise, the hand will end without change.
If the insurance is accepted, the player receives the insured amount regardless of the outcome of the hand. The option does not apply to the opponent — they can either lose or win the full amount of the all-in.
EV Cashout has no effect on players qualifying for the Bad Beat Jackpot if conditions have been met.
How is the payout calculated?
According to the formula:
EV Cash Out = (Pot Size - Rake - Jackpot Fee) x Equity
A fee is charged on the insurance amount: 1% (Hold’em, PLO, PLO-5, Rush & Cash, Short Deck) and 2% (PLO6).
Is it profitable to use EV Cashout?
Poker is a game of probabilities. The situations that fall under the terms of this insurance are already positive for the player in the long term.
- With this in mind, it is not profitable for grinders to use EV Cashout because they lose profit, giving away part of it for the opportunity to get away from variance in a particular hand. The higher the equity in a particular spot, the higher the losses.
- For poker fans who don't play long term and for whom the game's results are "here and now" are more important, it might be wise to commit future profits to avoid a bad beat.
You can contact our manager for all the questions regarding GGPoker.
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