Calculating Pot odds tutorials

DaBreno

Greeting boys and girls
Im lookin for a decent tutorial on working out pot odds. Most of the sites I visit though are ....well...crap. I find they can pluck figures out of nowhere and generally dont explain examples very well. Im good at poker(except odds!) and decent at maths.
Can anyone point me in the right direction?

Thanks a mil.

Fr0g

Have you tried this one? http://www.learn-texas-holdem.com/index.htm
I haven't looked closely at it myself just a suggestion

DeVore

The stickies at the top of the forum are worth a look too.

DeV.

mewso

Roy the Boy a long time ago had a nice simple explanation in a diary entry on ladbrokes:-

http://195.244.204.43/features/roytheboy/default.asp?roynewsid=39&subsectionid=Roy 'The Boy'

To me it's a cross between understanding how they are calculated and having a quick way to calculate them in your head which is pretty much what Roy talks about here.

Hectorjelly

Things you should know;

Odds

If you have a pair, the chance of hitting a set on the flop is about 1 in 8.
If you miss on the flop, the chance of hitting a set on the turn or river is about 1 in 11.

If you have an open ended straight draw, (eg You have 7 8 flop is 5 6 A, any 9 or 4 gives you a straight), you have around a 1 in 3 chance of success, over both the turn and the river.

If you have an inside straight draw (eg you have 7 8, flop is 4 5 A, any 6 gives you a straight), you have less than a 1 in 6 chance

If you have a flush draw on the flop (eg you need one more heart), then you will hit your suited card about 1 in 3 times.

The flush draw is the easiest to explain. When calculating pot odds, take into account how much you have to call, and what size the pot will be once you do call. Divide the bet size by the pot size, and that gives you the odds you need to call.

So, if theres €100 in the pot, flop is A 5 2 with 2 hearts, and you have K 7 of hearts. Somebody goes all in for $100 and everyone folds to you. Now if you call, there will be $300 in the pot. You need to win 1/3 of the time to make this call, as 100/300 = 1/3*. In the long run it makes no difference wether you make this call or not. If he went all in for $300, then you would need to call $300 to win $700. 3/7 is worse then 1/3, so a call here is incorrect.

[and you can see this by: you will win 1 time in every three for a pot of $200, and you will lose twice, for a loss of $100 each time. 200 - 100 - 100 = O, so the EV of this call is 0]

kipple

Here is how I work out pot odds for limit games.

You need to know the size of the pot, the size of the bet, and your amount of outs.

When counting the size of the pot you count in bets, big bets or small bets. The size of the bet is also counted in bets. This is easy online as the s/w counts for you.

When you are drawing you want to know if the pot is big enought in relation to your bet to make a call worthwhile. To do this you multiply the number of bets in the pot + 1 by your number of outs. If this number is greater than the number of unseen cards then you have odds to call.

if outs*(bets+1) > unseen cards then bet

Here is 2 examples:
Pre flop there are 10 small bets.
On the flop there is bet and a call you have 4 outs.
4*(12+1) = 52 so you can at least call

Pre flop there are 10 small bets.
On the flop there is bet and a raise you have 4 outs.
4*(6.5+1) = 30 so no call
There are 13 small bets in the pot and you have to call 2 so the number of bets is 13/2

Other important factors to consider:
Chances of having the best hand now
Chances a raise will buy some outs
Chances of a raise from a player left to act which will reduce you odds
Implied odds


T.

DaBreno

Thanks to all that replied. I look forward to taking your money