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  1. #1
    Fish
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    Feb 2011
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    Default Understanding Pot Odds

    Ok. The way I have been playing poer for the last nine months and using pot odds/draw odds is this.

    The pot is currently 2.00. My opponent raises .50, making the total pot 2.50. I am being asked to put in .50 to this, or 20%. I then compare this to my draw chance, and lets say for the sake of argument, I have 12 outs, giving me a 26% chance to draw. I compare my draw chance, 26%, to the pot odds, which are 20%, and my draw chance is bigger, so I call the bet.

    While reading numerous books, I am seeing ratios, such as 3:1, 5:1, 4:3, etc. I want to move my mathematical choices to ratio instead of percentages, just to apply it to my studying easier.

    Now, I understand basic ratios. 20% is 1:5. 25% is 1:4. So am I understanding that I want my high end number, (in this case 5 and 4) for my draw odds to be LOWER than my high end number for pot odds?

    Thanks in advance.

    -Painter-

  2. #2
    Mike McDermott Av8tor009's Avatar
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    Default

    Quote Originally Posted by JeffPainter View Post
    Now, I understand basic ratios. 20% is 1:5. 25% is 1:4. So am I understanding that I want my high end number, (in this case 5 and 4) for my draw odds to be LOWER than my high end number for pot odds?

    Thanks in advance.

    -Painter-
    Correct... the ratio for your hand's drawing odds should be lower, thus a higher percentage... and by the way... you're better off using the percentage method as opposed to ratios... it's a little more exact... just remember the rule of 4 and 2... the percentage chance of you making a hand with a given number of outs is roughly 4 times the number of outs after the flop and 2 times the number of outs on the turn... then compare that to the percentage of "pot odds" and if your percentage is higher... it is mathematically correct to call.
    Lead Columnist, BluffAway Online Poker Magazine


    Online Tournament Wins: 11

  3. #3
    Semi-Pro Moderator KnightofNarg's Avatar
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    Default

    So the pot is 2.00 and the bet is .50, total pot of 2.50 with .50 to call. You're being given 5:1 Pot odds.

    There are 47 unseen cards on the flop, You have 12 outs, and there are 35 cards that don't help. You have 2.91:1 odds of hitting your outs on the turn.

    Your odds of hitting (2.91:1) are greater than the amount of money you have to put in (5:1), so you may profitably call.

    I find that ratios are easier to find implied odds on the money you need to make up. If the bet was equal to pot you would be putting in 2:1, your odds are 2.91:1, a difference of 0.91:1. So if he bet $2.00, you would need to make up $1.82 ($2.00x.91).
    When you consider that the turn pot will be $6.00, that makes only about a 1/3 size pot bet, which is really easy to make up.

    Also notice that in your above example. You are being asked to put in 16.6%. The pot is 2.50, and when you call it will be 3.00. .50/3.00=.166~ (5:1 pot odds = 1/6)

  4. #4
    Semi-Pro Moderator KnightofNarg's Avatar
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    Default

    Quote Originally Posted by JeffPainter View Post
    Now, I understand basic ratios. 20% is 1:5. 25% is 1:4.
    20% = 4:1, 25% = 3:1, crazy huh? It took me a while to wrap my head around that.

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