• Feb 26, 2014  SplitSuit shows you everything you need to know about pot odds. Pot odds are the most fundamental element of poker math, so understanding it couldn't be more important.
• Poker odds calculate the chances of you holding a winning hand. The poker odds calculators on CardPlayer.com let you run any scenario that you see at the poker table, see your odds and outs,.
• We haven’t mentioned the topic of pot odds yet – which is when we calculate whether or not it’s correct to call a bet based on the odds. This lesson was step one of the process, and in our pot odds lesson we’ll give some examples of how the knowledge of poker odds is applied to making crucial decisions at the poker.

1. Calculating Pot Odds Poker
2. Poker Pot Odds Formula
3. Poker Pot Odds Chart

In poker there are good bets and bad bets – the game is simply a way of determining who can tell the difference. This is where the concept of pot odds comes into play. Put simply, pot odds means is there enough in the pot to call a bet.

Jul 29, 2019  In poker, pot odds relate the size of the current bet you are facing to the size of the pot, and from there help you determine if you can make a profitable call (long-term EV) with your hand, whether it’s with a draw in the middle stages of a hand or just before showdown with action on the river. NOTE: It’s essential to be familiar with “equity” in poker to understand the scope of. This is a discussion on Hand Odds vs. Pot Odds within the online poker forums, in the Learning Poker section; I posted thread somewhat similar to this one when I first joined. Although this post. In poker there are good bets and bad bets – the game is simply a way of determining who can tell the difference. This is where the concept of pot odds comes into play. Put simply, pot odds means is there enough in the pot to call a bet. The fundamental principle of playing a drawing hand in poker is that you need a pot big enough to call. Jul 18, 2016  Pot odds are favorable when they are greater than the odds against making your hand. If the pot odds were 5-to-1 here, it would be a good call with it being just over 4-to-1 against making the.

The fundamental principle of playing a drawing hand in poker is that you need a pot big enough to call. When we have a flush draw or a straight draw we will make our hand on the next card almost 20% of the time (19% for flush and 17% for the straight draw). That is, 20% of the time we will make our desired hand and 80% we won’t. The ratio 20 to 80 can be expressed as odds of 4-to-1. Therefore, if the pot is $80 we can almost call a $20 bet to break-even. I say almost because we have to make a profit so, a call of $20 is appropriate when there is more than $80 in the pot.

Know the Odds

You should already know how to calculate odds based upon the number of “outs”. If you don’t know the odds of hitting certain common draws then please go back and study our previous lesson on calculating odds and outs in poker. For the benefit of this lesson we’ll include the handy chart below:

Table: Odds and outs from the flop and the turn to the river:

We have created a printable PDF version of the poker drawing odds chart (opens in a new window). You will need Adobe Acrobat on your computer to view it on screen. We recommend you print the chart and be sure to memorize these odds, particularly the common draws – as your time is better spent analyzing your opponents’ play rather than attempting to perform mathematical calculations in your head.

Track the Pot Size

Part of the concept of pot odds is to focus on the calculation of how to figure the odds of your hand becoming a winner. The other part of the equation is to know how much is actually in the pot in order to know what odds it is offering you.

If you’re playing poker online then the size of the pot should be in clear view at all times – simple! If you’re playing poker live then it’s as easy as paying attention and using basic arithmetic to know the pot size at every step of the way. All one needs to do is multiply the total amount bet on each street by the number of active players and add that sum to the blinds if they are not participating in the hand. Hold that total in your head and add the subsequent total of the next street’s betting and you will always have the pot total available to calculate your pot odds. Here are some critical words of advice: know what is in the pot at all times. How else can you make proper mathematical decisions?

Calculating the Pot Odds

At this stage you should know the odds of hitting your card(s) and the size of the pot. The next step is to know what odds the pot is offering you. The best way to teach you is to use an example hand. Take a look at figure 1, below:

Figure 1

As you can see, we have 9 outs for the nut flush draw, so the odds of hitting our flush on the river are roughly 20% or 4-to-1 odds. There is $450 in the pot, and player 2 bets $150, which now makes the total pot $600. It’s going to cost us $150 to win $600. How do we calculate these figures to give us the pot odds? This is fairly simple as 600/150 = 4, so we have 4-to-1 odds for our money.

If we want to know the percentage then we add the bet (call amount) to the pot, to give us a total pot figure. In this example it would be: 150 + 600 = 750. Once we have this figure then we would have to perform the following formula: call amount / the total pot size. In our example this would be 150 / 750 = 0.2, or 20%.

Now we know the pot odds, should we call or not? In our example we can justify the call as we’re getting 4-to-1 pot odds and our odds of hitting and winning is also 4-to-1. But remember it’s a break-even call over the long term if we’re only counting the flush draw. Ideally we’d want the pot to be a little bigger or their bet to be a little smaller. However, if we believe that hitting either an Ace of King (giving us 6 additional outs) on the river would beat our opponent then we’d have more than enough odds to call the bet.

In poker, whenever the pot odds exceed the odds against making your hand, it pays to keep playing. When the odds against your hand coming in exceed the reward associated with it, it’s usually a bad deal. A simple way to think about this is as follows:

• When the prize exceeds the cost, you should call.
• If the cost is more than the money you figure to win, fold.

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Let’s look at another example:

Figure 2

Here we have a straight and a flush draw, meaning we have 15 possible outs. The odds of hitting one of our outs on the turn is 31.9% or 2.13-to-1. The pot contains $36 ($24 + $12) and it’ll cost us $12 to call.

Are we getting enough pot odds to call? Let’s do the figures, first in odds….$36 (total pot) / $12 (cost to call) = 3. Expressed as a ratio this would be 3-to-1 odds, meaning we’ll win once every 4 times. In percentage terms… the pot odds can be expressed as 25%. Our drawing odds are 31.9%. Since the pot is offering us better odds than our draw, we should call the $12 bet.

Let’s continue with this hand example. As you can see in figure 3, we didn’t hit on the turn, we check and our opponent then bets $60 into the existing $48 in the pot.

Figure 3

Are we still getting the correct pot odds to call in the hopes of hitting a straight or flush? The answer is no.

The pot odds are now 1.8-to-1 (108 / 60) or 35.7% in percentage terms. Our drawing odds are 2.07-to-1 or 32.6%. Since the pot odds are less than the odds of hitting, in this instance we should fold. To call a bet here we’d need the pot to be a little bigger or our opponents bet to be a little lower. He has priced us out with his overbet.

So, that old feeling we had, “There is a bunch of money in the pot, I call”, was and is a sound tactic. Now we know more precisely when it is profitable and when it is not profitable to go in on draws. Knowing pot odds does two things; it lets us concentrate on the other players and turns poker into a game of skill.

Make Your Opponents Pay

Let’s take a quick look at a situation when you’re the one with a made hand and you figure one or more of your opponents to be drawing. Understanding the concept of pot odds should help you to determine an appropriate bet size and charge your adversaries for their possible draws.

Imagine raising a bunch of limpers from late position, holding pocket Jacks. The big blind and the three of the original limpers all call your raise and the five of you watch a flop of :

You’ve hit middle set but there are both straight and flush draws staring at you along with four opponents. There is $86 in the pot and everyone checks to you. You are definitely going to make a continuation bet but you need to decide on how much. Allow me to provide a check list of criteria to think about that as you become more experienced will become so automatic as to not even require any conscious thought.

• Know the pot size – in this case $86.
• Acknowledge the texture of the flop and tendencies of your opponents in terms of potential threats to your holding. Limpers and callers are many times on draws.
• Know the odds to the potential draws the flop offers. In this case both flush and straight draws.
• Make a bet that will not offer the potential draws the correct odds.
• You should bet the size of the pot, $86, in order to make the odds being offered by the pot only 2-to-1 which would not be attractive odds for draws.

If it is true, and I believe it is, that the bulk of your poker profit comes from the mistakes of others rather than you own brilliant play, then identifying opponents that overpay to draw to their hands is critical information. Aside from just playing too many hands, one of the biggest and most expensive mistakes less experienced poker players commit is paying too high a price to try to make their draws. Ferret this information out by tracking the pot and watching showdowns and then you can determine how to manipulate the size of the pot against that opponent in a future hand.

Implied Odds

This is an extension of pot odds and represents the ratio of the total amount you expect to win if you complete your hand, to the amount you would need to call to continue. Put simply, you don’t have the correct odds to call, but if you reason that there’s a good chance that your opponent will bet again when you hit your draw, you might be getting the implied odds to call.

While implied odds are an important tool to be aware of, particularly in no limit hold’em, many less disciplined players abuse it by using it as a justification to chase draws that are not getting the proper pot odds. While pot odds can be calculated with total accuracy, calculating implied odds takes some guess work and knowledge of your opponents’ tendencies. It’s more of an art than a science.

Are your opponents mostly fish?

If yes, they tend to offer a lot of implied odds – but most players leave chips on the table by missing aggression AND using incorrect bet/raise sizes when they hit their hand.

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Enroll today for just $5 and see how pot odds (along with 100+ other concepts) fit into the entirety of your poker playbook!

Tournament Play

Much of what has been offered so far is beneficial for both cash games and poker tournaments. But you should approach opponents in tournaments that are desperate a little differently. In a cash game, being pot committed doesn’t really come into play. The term pot committed simply refers to a player who has half or more of his chips already in the pot so if he loses this pot he is pretty much finished anyway. This player will be calling, not based upon the pot odds, but due to his predicament. Players calling in tournament play without the correct pot odds does not necessarily indicate poor play. Calling may well still represent their best chance mathematically to move forward in the tournament and make some money. Hence the expression, do or die!

The reverse situation relative to pot odds can also occur in tournament play. Imagine being in a situation wherein you have the correct pot odds to call but folding could be the better option to advance. An example of this type of phenomenon would be holding the nut flush draw with one card to come with two other opponents already all-in by a monster stack late in a poker tournament. The pot could be offering you greater than the odds required to make the call mathematically correct but the fact still remains that you will miss your flush 80% of the time. If you were on the bubble with the big stack bully already having two other players all-in and you knew you would only prevail in the hand 20 percent of time – I think a fold would be in order.

Many believe that pot odds aren’t nearly as important in tournament play. This is especially true in the lower stake “fast” events that are typical in both live and internet play. These players focus on the odds of their opponents’ calling based upon the size of chip stacks. While some of this is true, if you begin to ignore pot odds because you are in a poker tournament, you will begin to slide down a slippery slope. If you are planning to make a decision that is not in accordance with good pot odds play, you should have a very significant reason.

Put in the Work

Knowing what and how to use pot odds is essential if you wish to become a winning poker player. Learning how to use these concepts to your advantage can put you well ahead of a vast legion of players that are just too lazy to put in the work. They are playing on feel and their gut instincts and proud of it. I’m happy they’re proud of this approach because I know they can’t be proud of their bankrolls. These “proud” players are the assets you need in both cash games and tournaments. Let them be proud – you should put in the work – you’ll be glad you did as you’ll end up with their bankrolls.

By Tom 'TIME' Leonard

Tom has been writing about poker since 1994 and has played across the USA for over 40 years, playing every game in almost every card room in Atlantic City, California and Las Vegas.

In our poker math and probability lesson it was stated that when it comes to poker; “the math is essential“. Although you don’t need to be a math genius to play poker, a solid understanding of probability will serve you well and knowing the odds is what it’s all about in poker. It has also been said that in poker, there are good bets and bad bets. The game just determines who can tell the difference. That statement relates to the importance of knowing and understanding the math of the game.

In this lesson, we’re going to focus on drawing odds in poker and how to calculate your chances of hitting a winning hand. We’ll start with some basic math before showing you how to correctly calculate your odds. Don’t worry about any complex math – we will show you how to crunch the numbers, but we’ll also provide some simple and easy shortcuts that you can commit to memory.

Basic Math – Odds and Percentages

Odds can be expressed both “for” and “against”. Let’s use a poker example to illustrate. The odds against hitting a flush when you hold four suited cards with one card to come is expressed as approximately 4-to-1. This is a ratio, not a fraction. It doesn’t mean “a quarter”. To figure the odds for this event simply add 4 and 1 together, which makes 5. So in this example you would expect to hit your flush 1 out of every 5 times. In percentage terms this would be expressed as 20% (100 / 5).

Here are some examples:

• 2-to-1 against = 1 out of every 3 times = 33.3%
• 3-to-1 against = 1 out of every 4 times = 25%
• 4-to-1 against = 1 out of every 5 times= 20%
• 5-to-1 against = 1 out of every 6 times = 16.6%

Converting odds into a percentage:

• 3-to-1 odds: 3 + 1 = 4. Then 100 / 4 = 25%
• 4-to-1 odds: 4 + 1 = 5. Then 100 / 5 = 20%

Converting a percentage into odds:

• 25%: 100 / 25 = 4. Then 4 – 1 = 3, giving 3-to-1 odds.
• 20%: 100 / 20 = 5. Then 5 – 1 = 4, giving 4-to-1 odds.

Another method of converting percentage into odds is to divide the percentage chance when you don’t hit by the percentage when you do hit. For example, with a 20% chance of hitting (such as in a flush draw) we would do the following; 80% / 20% = 4, thus 4-to-1. Here are some other examples:

• 25% chance = 75 / 25 = 3 (thus, 3-to-1 odds).
• 30% chance = 70 / 30 = 2.33 (thus, 2.33-to-1 odds).

Some people are more comfortable working with percentages rather than odds, and vice versa. What’s most important is that you fully understand how odds work, because now we’re going to apply this knowledge of odds to the game of poker.

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Counting Your Outs

Before you can begin to calculate your poker odds you need to know your “outs”. An out is a card which will make your hand. For example, if you are on a flush draw with four hearts in your hand, then there will be nine hearts (outs) remaining in the deck to give you a flush. Remember there are thirteen cards in a suit, so this is easily worked out; 13 – 4 = 9.

Another example would be if you hold a hand like and hit two pair on the flop of . You might already have the best hand, but there’s room for improvement and you have four ways of making a full house. Any of the following cards will help improve your hand to a full house; .

The following table provides a short list of some common outs for post-flop play. I recommend you commit these outs to memory:

Table #1 – Outs to Improve Your Hand

The next table provides a list of even more types of draws and give examples, including the specific outs needed to make your hand. Take a moment to study these examples:

Table #2 – Examples of Drawing Hands (click to enlarge)

Counting outs is a fairly straightforward process. You simply count the number of unknown cards that will improve your hand, right? Wait… there are one or two things you need to consider:

Don’t Count Outs Twice

There are 15 outs when you have both a straight and flush draw. You might be wondering why it’s 15 outs and not 17 outs, since there are 8 outs to make a straight and 9 outs for a flush (and 8 + 9 = 17). The reason is simple… in our example from table #2 the and the will make a flush and also complete a straight. These outs cannot be counted twice, so our total outs for this type of draw is 15 and not 17.

Anti-Outs and Blockers

There are outs that will improve your hand but won’t help you win. For example, suppose you hold on a flop of . You’re drawing to a straight and any two or any seven will help you make it. However, the flop also contains two hearts, so if you hit the or the you will have a straight, but could be losing to a flush. So from 8 possible outs you really only have 6 good outs.

It’s generally better to err on the side of caution when assessing your possible outs. Don’t fall into the trap of assuming that all your outs will help you. Some won’t, and they should be discounted from the equation. There are good outs, no-so good outs, and anti-outs. Keep this in mind.

Calculating Your Poker Odds

Once you know how many outs you’ve got (remember to only include “good outs”), it’s time to calculate your odds. There are many ways to figure the actual odds of hitting these outs, and we’ll explain three methods. This first one does not require math, just use the handy chart below:

Table #3 – Poker Odds Chart

As you can see in the above table, if you’re holding a flush draw after the flop (9 outs) you have a 19.1% chance of hitting it on the turn or expressed in odds, you’re 4.22-to-1 against. The odds are slightly better from the turn to the river, and much better when you have both cards still to come. Indeed, with both the turn and river you have a 35% chance of making your flush, or 1.86-to-1.

We have created a printable version of the poker drawing odds chart which will load as a PDF document (in a new window). You’ll need to have Adobe Acrobat on your computer to be able to view the PDF, but this is installed on most computers by default. We recommend you print the chart and use it as a source of reference. It should come in very handy.

Doing the Math – Crunching Numbers

There are a couple of ways to do the math. One is complete and totally accurate and the other, a short cut which is close enough.

Let’s again use a flush draw as an example. The odds against hitting your flush from the flop to the river is 1.86-to-1. How do we get to this number? Let’s take a look…

With 9 hearts remaining there would be 36 combinations of getting 2 hearts and making your flush with 5 hearts. This is calculated as follows:

(9 x 8 / 2 x 1) = (72 / 2) ≈ 36.

This is the probability of 2 running hearts when you only need 1 but this has to be figured. Of the 47 unknown remaining cards, 38 of them can combine with any of the 9 remaining hearts:

9 x 38 ≈ 342.

Now we know there are 342 combinations of any non heart/heart combination. So we then add the two combinations that can make you your flush:

36 + 342 ≈ 380.

The total number of turn and river combos is 1081 which is calculated as follows:

(47 x 46 / 2 x 1) = (2162 / 2) ≈ 1081.

Now you take the 380 possible ways to make it and divide by the 1081 total possible outcomes:

380 / 1081 = 35.18518%

Calculating Pot Odds Poker

This number can be rounded to .352 or just .35 in decimal terms. You divide .35 into its reciprocal of .65:

0.65 / 0.35 = 1.8571428

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And voila, this is how we reach 1.86. If that made you dizzy, here is the short hand method because you do not need to know it to 7 decimal points.

The Rule of Four and Two

A much easier way of calculating poker odds is the 4 and 2 method, which states you multiply your outs by 4 when you have both the turn and river to come – and with one card to go (i.e. turn to river) you would multiply your outs by 2 instead of 4.

Imagine a player goes all-in and by calling you’re guaranteed to see both the turn and river cards. If you have nine outs then it’s just a case of 9 x 4 = 36. It doesn’t match the exact odds given in the chart, but it’s accurate enough.

What about with just one card to come? Well, it’s even easier. Using our flush example, nine outs would equal 18% (9 x 2). For a straight draw, simply count the outs and multiply by two, so that’s 16% (8 x 2) – which is almost 17%. Again, it’s close enough and easy to do – you really don’t have to be a math genius.

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Conclusion

In this lesson we’ve covered a lot of ground. We haven’t mentioned the topic of pot odds yet – which is when we calculate whether or not it’s correct to call a bet based on the odds. This lesson was step one of the process, and in our pot odds lesson we’ll give some examples of how the knowledge of poker odds is applied to making crucial decisions at the poker table.

As for calculating your odds…. have faith in the tables, they are accurate and the math is correct. Memorize some of the common draws, such as knowing that a flush draw is 4-to-1 against or 20%. The reason this is easier is that it requires less work when calculating the pot odds, which we’ll get to in the next lesson.

By Tom 'TIME' Leonard

Poker Pot Odds Formula

Tom has been writing about poker since 1994 and has played across the USA for over 40 years, playing every game in almost every card room in Atlantic City, California and Las Vegas.

Poker Pot Odds Chart