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You’re in a Texas Holdem game and your pocket cards are Q T,
flop is J 4 9. In order to make a straight you need to get either a King or 8 on
turn or river so you have eight possible cards that can make your hand, four Kings and four 8s. These are known as your “out” cards.
You’ve seen five cards out of
deck, your own two pocket cards and
three flop cards. That means there’s 47 cards you haven’t seen. So
odds of you getting
card you need are:
Cards that won’t help you : Cards that will help you
Out of
47 remaining cards, eight of them will help you and 35 won’t, so
“odds of you getting
card you need” are 35:8 or 4.375:1. Now for
pot odds.
The basic formula is:
The size of
pot : Amount you need to put into
pot.
So if
pot is sitting at $100 and you need to bet $20 to call, your pot odds are 100:20 or 5:1.
In this case
pot odds (5:1) are bigger than
odds of you getting
card you need (4.375:1) so you should call
bet. This is known as getting "value" for your bet. If you are doing these sums quickly you can think of 35:8 as being about four and a half to one, it’s good enough for a quick calculation.
This is a simplification of pot odds and there are other considerations like – will
players after you in
round of betting add to
pot? This would make your bet an even better proposition as it would increase
pot odds but it is of course an unknown factor.
Understand pot odds and you will take your game forward to
next stage and prepare yourself for
poker big league.
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Article by Ian McIntosh of www.Love-Texas-Holdem.com. Check out the site for the latest information on Texas Holdem tournaments and freerolls as well as fresh weekly articles you can use for your site. Please feel free to use this article on your website, newsletter or blog as long as this resource box is left intact and there's a live link to the site.