Casino Talks

Posted by: ChuckTs at December 28, 2006, 12:02 am
Topic: Poker Math Forum: Card Chat


Quote: Originally Posted by FinalTable

I've been playing for a little while now and trying to learn as much as I can. Never knew there was so much to it...just played gut feeling. Obviously, not doing too well.

So, here is my problem. I understand how to calculate pot odds (if pot is 100 and the bet to you is 10, then you are getting 10:1 odds. If your bet is 50, then you are getting 2:1 odds).

I also know how to calculate outs.

What I get confused on is what's better than what. If I have a 3:1 chance of hitting my draw...then my pot odds would have to be what? Better than that...so if I'm getting 4:1 or better (5:1/6:1/etc...) then good call.

Okay, so what if you are getting 2:1 pot odds...and you have a 3:1 draw, then you should NOT call - right?

Well, I play ppl where most don't know that. So they often bet so high that I rarely get the pot odds I need post flop.

Given that, I can't always use the odds as a hard and fast rule. If the pot is 100, and they bet 100...now it cost me 100 to win 200. So is that 2:1 (or do I count 3:1 and count my 100 as part of the pot making it 300 for calcuations?)

Sorry - always thought I was pretty smart in math, and I think I can calculate the odds - just don't know which odds are better than other odds and would justify a call/raise.

First, read the articles about odds and expectation etc etc:
http://www.cardschat.com/poker-odds-expected-value.php
http://www.cardschat.com/poker-odds-...plied-odds.php

In summary, your pot odds are the ratio of [pot + any bets in front of you]:[bet to you].

So for your first example:

[100+10]:[10]
= [110]:[10]
= 11:1

and if the bet to you was 50 instead of 10:

[100+50]:[50]
= [150]:[50]
= 3:1

Considering pot odds alone (and excluding implied odds), your call is only correct when your pot odds are larger or equal to your drawing odds.

Hope that helped.

ps next time you have a question, try making your own thread instead of posting in a (very) old one like this.

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