How to Calculate Pot Odds and Equity: Equity

In the previous article, we got our odds as a ratio (the final example ended with the cut-off being offered 2.3-1 odds, and after the cut-off called the button was offered 3.3-1).This means your odds of winning the pot are 2.1-1 against. For you to make money, you need to have pot odds higher than that ratio. But remember it’s a break-even call over the long term if we’re only counting the flush draw. Ideally we’d want the pot to be a little bigger or their bet to be a little smaller. Our drawing odds are 2.07-to-1 or 32.6%. Since the pot odds are less than the odds of hitting, in this instance we should fold. To call a bet here we’d need the pot to be a little bigger or our opponents bet to be a little lower. Now we know more precisely when it is profitable and when it is not profitable to go in on draws. But you should approach opponents in tournaments that are desperate a little differently. In a cash game, being pot committed doesn’t really come into play. The term pot committed simply refers to a player who has half or more of his chips already in the pot so if he loses this pot he is pretty much finished anyway. This player will be calling, not based upon the pot odds, but due to his predicament. Players calling in tournament play without the correct pot odds does not necessarily indicate poor play. Calling may well still represent their best chance mathematically to move forward in the tournament and make some money. There is no automatic system to determine what a "winning hand" is. Maybe that 3-of-a-kind could win. But maybe there's 3 cards to a flush on the table. Doing the math, you get 1.5:1 odds, so 1.5 bets would be your break even. Since you can be forced out on the next round, this is only true if there is no more betting. It's much harder to do this math on the fly, however, and usually requires you to memorize an 'out' list for different card combinations. For those of you who aren't confident in your math skills, don't worry. If you use the turn odds on the turn, reevaluate the situation after the turn card is revealed, and use the pot odds on the river separately. The problem when using the combined odds is that you almost have to call on the turn to see the river even if you don't improve. This can lead to a dangerous mindset, and you can become a calling station. First, consider each situation by itself, and then, add in other factors. The player to the left of the small blind must make a "big blind" bet. The amounts of both blinds should be specified in advance. The play in turn will go around the table according to normal poker rules, which I assume the reader already knows. It is NOT a requirement that the player use both of his own cards. There are three main types. A "structured" game features raises of specified amounts. For example a "3/6 game" would mean that raises after the deal and flop are $3, and after the turn and river are $6. There is usually a limit to the number of raises a player may make, typically three. High highet singleton in both hands is an ace so the second highest singleton is considered. Some people incorrectly believe that in such cases the unused cards are considered, in this case player 1's pair of jacks beating player 2's jack/2. Only the top five cards matter. The numbers are on a 0 to 40 scale. Basically, you should only play hands that are dark green, blue, or purple. Of course you should be more be more liberal in late position and picky in early position. If forced I would say you should need 10 points in late position and 19 points in early position to call the big blind. You can also find here poker player profiles, tournament poker results, poker rules, poker strategy articles, poker books, poker magazines, poker tools and poker training resources. NL Hold’em game. Your opponent bets $10 in to the $10 pot. The pot is now $20 and you have to call $10 to continue to try and hit your flush. Calculating implied poker odds requires more skill and experience because you need a good idea of how the opponent is going to react in the future. It’s easier to calculate implied poker odds in fixed limit Hold’em since you know how much your opponents can bet. In no-limit, need to correctly predict an opponent’s bet sizes. It is a game that involves many subtleties and variables on which the poker player can base his or her decisions. Texas hold'em. In this case however, your opponent only needs to have a diamond to beat your hand and you certainly wouldn't want to put all your chips in the middle to see a showdown. Your otherwise strong hand has become pretty marginal to say the least; it won't be more than just a 'bluff catcher'.Although you hold the same top pair top kicker (TPTK) in both hands, hand two is relatively stronger. This will be addressed later in this poker strategy article. The advantage of being in position and therefore of getting to know what your opponent does before you have to act often won't make up for the difference in hand strength. In such a situation the aggressor has a controlling position and can most often take down the pot by continuing his aggression with another bet (a continuation bet or c-bet). This clearly shows the power of initiative.

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