Introduction to Pot Odds
Poker is a game of mind and is based on developing several tools such as bluffing, implied odds, reverse implied odds, etc. By applying right strategy at the right time, you can easily master the game of poker. One of the most important tools you can develop is the proper use of pot odds. It is a significant tool which helps you in making decision. Pot odds are the odds you need to validate your call and is a critical deciding factor in the game of poker as you connect it to value of your hand. Your hand might not be the best hand at the table but you can make it the best if the right card comes up next. All this is possible by making use of pot odds.
Pot odds involve the study of relationship between the amount of money in the pot and the amount you have to bet in order to stay in hand. You can easily calculate your pot odds with a pot odds calculator. It assumes that if you hit a draw, you will definitely win and it is based on the money in the pot. We all know that an out is a card which is responsible for improving your hand. The first step in calculating pot odds is to count the number of outs. Next, you need to calculate the percentage of hitting an out on the next card. To get this number, you have to multiply your number of outs with 4 and add 2 to it on the flop and then at the turn you multiply your outs by 2 and then add one to it. This is your chance of hitting a draw. Suppose you have 8 outs on the turn, so the chance of hitting on the turn is 17%.
Next, you will need to figure out how much you can call to stay in the hand. To figure this out, you add the pot plus the bet amount and then multiply it with your chance of hitting on the turn. The end result that you will get is the maximum bet you can call. In the prior example, if the pot plus the bet was $2,200, via pot odds, you could only call up to $374.
With pot odds, it is presumed that your rival will not draw out against on you. Not only this, it does not take into account that you could be drawing dead. Ultimately, it is a tool that helps to determine whether you should continue in a hand. One of the most frequent questions you will be asking yourself frequently in poker is if your hand is worth playing and pot odds will help you answer the question.