In order to do this, we need to compare the two ratios. Now that you know how much there you stand to win from the the pot out of what you bet (10:1) and the odds of winning (4:1), we can move on to finding out whether or not you will make money on this hand. It’s important to not that unlike calculating pot odds, the sum of the two numbers of the ratio must equal the total number of times played. For example, if you expect to win 1 time out of every 5 times with your hand, the odds would be 4:1. Your chance of winning can also be represented as a ratio between the number of times you play and the number of times you expect to win. Now you want to know your odds of winning the hand that you have. The size of the pot is calculated by the amount already in the pot plus any additional betting made in the current round. To win a pot of £10 with a risk of loosing £1 is represented as odds of 10:1. For example, if there are £9 on the table and you bet £1, you have to pay one-tenth of the pot amount to stand a chance of winning the entire amount. The ratio method is defined as the amount in the pot against the bet that you face. The ratio method is the most commonly used in the online poker world, as well as on many how-to guides, so we will focus on the ration method for this lesson. Armed with this skill, a player can decide whether or not to fold or call depending on the cards at hand and the size of the bet. Poker pot odds uses the likelihood of winning a hand to determine whether or not a player should bet or raise. You should stay in your hand if your expected value is positive. Determining the expected value of a decision is the simple process of finding out whether you will make a profit or make a loss if you made the same call an infinite number of turns. Knowing your odds is a fundamental concept and can become a powerful tool in determining whether you are a winner or a loser in the world of online poker.Īll you have to do in cash games is to decide whether or not a call is mathematically right. Whether you are a professional poker player using online poker as an income, or just a casual poker player looking for a thrill with online poker, it is important to know how pot odds work.
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