Poker Odds Calculator TournamentIndicator

admin answers:

Basically, it’s the money odds vs the chance of winning the hand.

If the money odds are lower than your odds of winning, you should stay in the hand.

If the money odds are higher than your odds of winning, you should fold.

Examples:
Money odds are low, chance to win is higher:
You are holding a flush draw with the river to come. You have 8 chances out of 40 cards (1 to 5) odds to make the winning hand. If it costs you less than 1/5th the pot, you should call.

Money odds are higher than the chance to win:
Same as above, but now it costs you 1/2 the pot. You should fold.

There are a lot of other factors involved (pre-flop, post flop, turn, river, showdown, number of players, position, etc.) but this is the basics.

admin answers:

Well how many other people are playing the game. Usually 10, including yourself. So there are 20 cards in play leaving 32 left in the deck. We burn 1 and flop 3 so 28 are left after that .

Out of the 32 you need 3 cards for a straight, and to parley 2 of them. So either 7+8+9n 8+9+q or 9+q+k or q+k+a

so in the complete deck there are apx 24 cards that can build those possibilities and then you figure that 20/52nd of the deck is out there.

So your odds of flopping a straight any way are 9 out of 100 apx..

Its just math. And statistics.

admin answers:

This is not a question of pot odds, but I’ll get to that later.

I’m not sure why you’re multiplying your number of outs by 4. Maybe this is a shortcut you’ve learned somewhere? I found that it’s actually pretty close, so maybe you’re onto something. However, I looked at the situation and found that you overlooked the possibility of a running pair on the turn and river, which gives you slightly better than 7 outs. Anway, you can think about it this way:

-What are your chances of NOT catching one of your outs on the turn? We know 7 of the cards, there are 45 unknown, we’ve got 7 outs. So the odds are 38/45 that we’ll miss the turn.

-If you miss the turn, what are the chances that you’ll also miss the river? *Important NOTE*: You’ve got more outs on the river because you can now win by pairing the turn too (running pair is good). Now there are 44 unknown cards, 10 outs, chances to miss are 34/44.

-Multiply these to find the chances you’ll miss both: 38/45 * 34/44 = approx. 65.3%

-Subtract from 1, and you get the odds that you will catch on one of the two streets. That’s 34.7%, which is quite close to to the odds calculated by the site above.

Note ALSO, that their calculation is more correct than mine, because I simplified slightly. If the turn was an Ace or a Queen, you’d have 9 outs on the river instead of 10.

Now, if we had done the same calculation assuming exactly 7 outs on both streets, we’d come up with 29% which is quite close to the estimate you made… So I guess your shortcut is a very practical way to get a close estimate, and you just need to consider any extra/hidden outs which might exist.

Now, as for „pot odds,“ our calculations suggest you would want close to two to one on your money to consider calling an all-in *if you knew your opponents exact cards before getting the money in*. But, practically speaking, I think it’s virtually impossible to fold this hand to almost any bet. No matter what, you’re going to be getting something better than even money, and rarely know someone well enough to tell a shove with a flush from a shove with a draw/semi-bluff. Maybe only in the case where you bet out, and then the opponent shoves in a *huge* all-in overbet to take a tiny pot, and you know he’s a craven coward, would you maybe consider getting away from your hand. Let’s say the pot’s 400 preflop, you bet out 300, and he shoves all-in for 15,000… Then you’ve got something to think about.

admin answers:

This is how I work out pot odds in my head.
I take the number of outs that I have and divide that by 45. I do that so much, that I know every number my heart. At first i was slow, so it does take practice. Whatever number I come up with, I subtract by 1.

For example
Lets say I have a flush draw and I know I would win with a flush, I have 9 outs (9 of that suit possibly left in the deck) 9/45 = 5. Subtract 1, my odds are 4-1.

So what ever the bet is, I multiply that by 4 and if the pot holds more than that, I have the odds to call.

That is the simple part of calculating odds. There are more complex versions for calculating implied odds, which I even have trouble doing at times. I never heard a pro that doesn’t use math in poker, so I would think that odds are a very big part of the game.
Good luck

admin answers:

I agree with the above answer, you need to know how to figure pot odds and implied odds, and know when to chase your draw, or know what the likelyhood is that your preflop pair will turn to a set on the flop, or that your two pair on the turn will turn to a full house on the river.

I think it’s more important in limit, than in NL. In limit, being able to read your opponents isn’t as important. Since the bets are so low, bluffing is hard to do. People will call to the end with anything. In NL if you have nothing you might be able to get your opponent to fold the winning hand with a big enough bet. In limit, no one folds anything, so you need to be able to determine early what your chances are, and fold if you don’t think you’ll end up with the best hand.