Range Advantage
Also known as: range edge, equity advantage
Having more total equity across your whole range than your opponent on a given board.
Range advantage means your entire range has more equity than the opponent's on a particular board — measured as the average equity of all your combos versus all of theirs. It's the foundation of who gets to bet often and small.
The preflop aggressor usually carries range advantage on high, dry boards (A-high, K-high), because their raising range is weighted toward big cards and overpairs while the caller's range is capped. This is exactly why a c-bet at high frequency and small sizing works on those textures — and it's distinct from range vs range equity read board by board.
Range advantage is not the same as nut advantage. You can hold more total equity yet have fewer of the absolute nuts. On A♣K♦4♠, the preflop raiser owns both. On 6♠5♠4♥, the BB caller may hold the nut advantage (more sets, two pair, straights) even when raw equities are close — which is why aggressors check more and use bigger, more polarized sizings there.
Rule of thumb: range advantage → bet small and often; nut advantage → bet big and polarize. When you hold neither, check and play a defensive, capped strategy.
Example
CO opens, BB calls. Flop A♥K♠4♣. The CO range contains far more AK, AQ, AJ, KK, AA, and big aces; BB's flat almost never has AA/KK. CO's range equity sits around 57–60% — a clear range advantage that supports a near-range c-bet for ~33% pot.