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.
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Thread: Understanding Pot Odds
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04-24-2011 #1Fish
- Join Date
- Feb 2011
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Understanding Pot Odds
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04-24-2011 #2
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.
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04-24-2011 #3
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)
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04-24-2011 #4
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