I was reading an article on auto profit spots. And it said to find autoprofit spots you need to work out the required fold equity and then compare it to how much your opponent is actually folding.

Requied fold equity for my bet:

Bet size / (Bet size + Pot size)

How much my opponent is actually folding:

Actual fold equity = #Fold / #Total

If the "actual fold equity" is above my "required fold equity" it's an autoprofit spot. Which means I can bet any two cards and make money.

I just wanted to make sure I understood the underlying theory correctly. When it says I can bet any two cards. It's because I can take any hand put it in a spot and when I run it against my opponent's entire range he's folding enough for me to profit.

So lets say my opponent has 120 hands in his range, I can take 72o, put it in a spot and then I run that spot 120times (every hand in my opponents range) and if he folds the required amount I auto profit. Thien this can be done with any two cards in my range.