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Pot Odds - Pt. 3 of 3... 6 of 9

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Applying Pot Odds - Take the Guess Work Out of Your Game

So there you sit, with your Jack 10 of hearts, and 12 outs, against a set of 3s, and there is 100,000 in the pot, and its 50,000 to call, after the turn. Here is how you know what to do:

You know that if you call (the first part of pot odds) you will get 2:1 on your money.

You've calculated your outs, 12 x 4 gives you a 48% chance to win before the turn, 24% after the turn.

You wouldn't know what cards you are up against, but for my example, you do. So to determine if you should call or fold, (and we are going to say you are after the turn to make it easy for me)

Take the 24%, you are a 4 to 1 dog, so you need to be getting at least 4 to 1 on your money to make a correct call, if you are playing strictly by pot odds. And in this example, if it costs you 50,000 to win 100,000, you are only getting 2 to 1 on your money, and you should fold.

Summary

Figure out how much is in the pot and determine the odds on your money

Count and calculate your outs

Multiply your outs by 4 or 2, divide that number by 100 to know how much of a dog you are

Take the number after dividing by 100 and if that number is (or lower than) the amount you will get on your money, you call. If it it is higher, you fold.

It looks like this:

100,000 in the pot, 50,000 to call - 2:1 on your money

12 outs, before the turn 48% chance to win, after the turn, 24% chance to win

divide 24% by 100,  you are a 4 to 1 underdog

You must bet getting 4:1 on your money to call

Since you are only getting 2:1 you should fold

This is the basic foundation of how to play. Play only by this, and you will win, in the long run.

 

 

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