In the game of poker, you will hear the term poker odds often. Knowing poker odds will help you move forward in your game or fold when you need to. There are many articles on poker odds trying to help you understand poker odds well.
If you are still confused, this article will try to help you understand it a bit more. We will be using commonly used words in this poker odds article that will lead to you understanding poker and poker odds.
Let us move on.
How to calculate Poker Odds
Calculating poker odds will help you decide if your cards can be played upon by calling or raising or if you need to fold.
Calling in Poker is matching a bet placed by the player seated to your right. On the other hand, raising or a raise in poker means that you are betting higher than the player seated on your right.
Folding or fold action is therefore to withdraw from the game, thus, forfeiting your chances of getting the pot or even a share of the pot in cases of tie.
Now, how do you calculate poker odds?
In the game, you will need to make a decision several times.
The first decision you will have to make is your action the before you see the flop. In this case, knowing the playable hole card in Texas Hold’em should be your guide. Not yet poker odds but you have to know if your hand is playable or not. If it happens to be not playable, you may need to fold even before the flop (first three cards in community card games).
The second decision you will make is for the action after the flop. In this case, the poker odds is important.
Let us use an example: You have Q♥ 9♥ and the flop turns out to be A♥ K♥ 7♣
In this case, you have possible high ace flush with nine hearts to improve it.
If the player before you bets, it is likely that he has a pair of kings or a pair of aces, making him winnable in this case. Please remember that the pattern of betting by your opponents is necessary to consider if you are to bet, raise or fold.
In case he bets, you should think that he has good cards on his hand. However, because he did not raise, he still wants to see the turn and the river without being aggressive about it. Possibly the turn and the river will further improve his cards.
While you may be up against good cards, not great, you may bet in this case. Why is it so? Let us compute your poker odds in this case.
You have nine outs as we mentioned. We say it because you have 2 cards in your hand and there are 3 cards on the flop. You have nine outs because any of the nine hearts will develop your card to high ace flush.
Now, you have nine outs and there are 52 cards in the deck. Therefore, there are 47 unseen cards.
Let us deduct your 9 outs from the 47 unseen cards, thus, there are 38 cards that will not improve your card. Now, let us divide 38 with 9. Your poker odds will therefore be 4.2:1.
Now, you have to decide whether to bet, raise or fold.
If the player before you bet $40 adding this to the $100 in the pot, it will make the pot $140. You will need to bet $40 if you want to see the turn and the river.
Let us look at the situation; even if your opponent has a pair of aces, you are advantageous because you have a high ace flush possibility. The pot odds is providing you with a 3.5:1 odds.
Because there is still the turn and the river to look into, even with poker odds greater than 4:1, you may still proceeds. You can bet in this case.
Be careful however because there is a possibility that if your hand does not improve on the turn, you may need to fold this hand. Only poker odds below 4:1 should be playable after the turn.
Again, you may want to consider the pot odds, betting will give you 3.5 to 1 odds. Thus, in this case, if you bet $40 and your hand wins, you will be able to pocket $140 additional cash in your stack. However, if you loose, you will only loose your $40.
You decide if you will bet, but if you want to see the turn and river, it may be good to bet. If the turn did not improve your hand, then by all means fold.
Please note that you do not need to run after the pot because any money you have already placed in the pot is no longer yours. You only need to think of your $40 either to bet it or not.