BradWI

Haven't had time to watch the full video yet but is this the same calculation being done in PLO from Scratch Part 3 - http://en.donkr.com/articles/plo-from-scratch---part-3-219 ?

Keep in mind that your 33% has to be recognizable (you have to see it) and also realizable (you have to get to showdown or somehow win the pot).

Board - KhJh3h

PLAYER_1 AdAc8cQd

PLAYER_2 AsKdQs9s

Here player 2 does indeed have 33% with a pair + gutter vs. player 1's non-flush draw AA hand.  Is that equity recognizable?  You're probably not going to be jumping for joy on an all heart monotone board when you have 3 black cards in your hand.  I mean we see that hitting a Q or 9 for 2 pair is good but what about in game?  And is it realizable - are we comfortable calling any opponent bets and getting to showdown?

So we have to understand that some of the 49% number in the OP result in unrecognizable or unrealizable situations and the 49% is an absolute maximum.

http://en.donkr.com/Articles/plo-from-scratch---part-3-219