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jhasper



Joined: 24 Dec 2005
Posts: 16
PostPosted: Fri Jan 27, 2006 11:03 am    Post subject: how does the money determine wheter ... Reply with quote

Ive rescently seen a big argument on Pot Odds, like if someone lays you 3:1 you should fold your hand, or something like that. Can someone explain to me the whole Pot Odd's, and how does the money in the pot determine whether you should keep playing or not? Besides the size of your stack.
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lork



Joined: 05 Jan 2006
Posts: 36
PostPosted: Fri Jan 27, 2006 11:04 am    Post subject: Reply with quote

Let's say you have a nut flush draw. You will hit it about 35% of the time. There is 10 in the pot. Someone moves in for 10. You have to call 10 to win 20, and are therefore getting 2:1 odds and should call. By folding you lose money.
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chris



Joined: 13 Jan 2006
Posts: 39
PostPosted: Fri Jan 27, 2006 11:05 am    Post subject: Reply with quote

Let's say you have a nut flush draw. You will hit it about 35% of the time. There is 10 in the pot. Someone moves in for 10. You have to call 10 to win 20, and are therefore getting 2:1 odds and should call. By folding you lose money.
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chris



Joined: 13 Jan 2006
Posts: 39
PostPosted: Fri Jan 27, 2006 11:07 am    Post subject: Reply with quote

Sorry for the double post I have accidentally press submit button.anyway here's my reply for this thread.
Basically, Pot odds, are the amount you need to call versus the money in the pot against your odds of making a hand.

see:

pot odds

I would love to tell you "I don't use pot odds", and technically I don't calculate them, don't really need to. I use a risk/reward strategy. Is the bet too big, too small for the chances of hitting a hand.

You see pot odds are useless when you have the winning/best hand.
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johnf



Joined: 31 Dec 2005
Posts: 24
PostPosted: Fri Jan 27, 2006 11:09 am    Post subject: Reply with quote

Pot odds are not useless when you have a winning hand. If you know you have the best hand at the time and you bet enough that would make the call a bad one for your opponent (based on HIS/HER pot odds) you made a bet that is profitable in the long run.
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norshvind



Joined: 05 Jan 2006
Posts: 29
PostPosted: Fri Jan 27, 2006 11:11 am    Post subject: Reply with quote

Makes perfect sense, exactly what pot odds are about.

Is the bet too big for my chances? What do you think that means? Not good pot odds?

Is the bet too small for my chances? What do you think that means? Good pot odds?
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