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 The importance of odds in Texas Holdem

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The importance of odds in Texas Holdem Empty
PostSubject: The importance of odds in Texas Holdem   The importance of odds in Texas Holdem I_icon_minitimeFri Mar 06, 2009 6:54 pm

The importance of odds in Texas Holdem

Odds are an important part of Texas Holdem. If you don't know how to calculate hand odds,
poker odds and pot odds you will have a hard time playing your Texas
Holdem hands correctly in difficult situations. Although many
successful poker players claim to play by "feel," a solid grounding in
math is vital for successful poker play. Texas Hold'em, like all other
forms of gambling, is based on odds.
The likelihood of something happening vs. how much you get paid if
it does happen is the basis for all gambling propositions. This
likelihood is referred to as odds, and it will be very difficult for
you to bet or call bets correctly if you do not understand Texas
Hold'em odds. Download a good poker odds calculator and you've got this covered.

What are the chances of hitting a flush draw? What are the chances
of your pocket pair improving to a set on the flop. You will find the
answers to these questions, and many more, on this page. It's difficult
to memorize all this information, but you should at least have a basic
understanding of the texas holdem probabilities if you want to become a winning Texas Holdem player.
Texas Calculatem Holdem Odds Calculator

Calculating texas holdem odds is easy, and we will explain how to do it below, but if you need expert help we recommend a texas holdem odds calculator
from Texas Calculatem. This advanced poker software breaks down every
possible Holdem scenario and instantly delivers your exact texas holdem
odds of winning as you play. With the help of the Texas Calculatem odds
calculator you will know exactly where you stand and what the odds of
success are, at every step in every hand.
How to calculate Texas Holdem odds

As mentioned above, all gambling is based on odds. If the odds of a
horse winning a race are 10-to-1 against, you win ten times your bet if
the horse you're betting on wins the race. If the horse wins just once
for every ten times it loses, you break even. If it wins more often you
should win and if it wins less often you come out behind. In most bets,
like a horse race, you do not get the opportunity for repeated trials,
so you either have to be lucky enough to have placed your bet the one
time out of eleven that the horse wins, or you need to continually make
bets where the odds of hitting are shorter than the odds you are
getting paid off at.
Pot Odds in Texas Hold'em
Pot odds in Texas Hold'em work exactly the same way. If the bet is
$1 to you and there is $5 in the pot, you are getting 5-to-1 pot odds.
Just as in the horse race, you need to win that pot once for every five
times you lose it to break even. If you'll win the pot more often, you
have positive expected value or +EV. If you'll win it less often, you
have a negative expected value play (-EV).
Calculating Pot Odds in Poker
Usually, the bet will be more than $1 to you. Simply reduce the
ratio by dividing the size of the pot by the size of the bet to you.
For example if there is a $10 bet to you and you have a chance to win a
$50 pot, divide 50 by 10 to reach 5-to-1 pot odds. If the pot is $97
and the bet is $25 to you, you are getting about 4-to-1; these
calculations do not need to be exact (it's 3.88-to-1 exactly, but this
precision is not worth the distraction during an in-game situation).
Using Pot Odds in Poker Games
Once you know how to calculate pot odds, you'll know whether you should
call a bet by knowing your odds of winning the hand, also known as
poker odds. This can be established by calculating the ratio of cards
remaining to cards that will give you the win.
Poker odds most often come into play when you are on a drawing hand.
You'll want to know if the odds the pot is offering you are better than
your actual odds of hitting your hand. To calculate your odds of making
your hand, simply count the number of cards that you can consider to be
"outs," cards that will complete your hand, and compare them to the
number of cards that remain. For example, let's say you hold AK on a
board of 3 9 5 8 and you are convinced your opponent has top pair. This
means that any ace or king should give you the pot. This gives you six
outs, for the three remaining aces and three remaining kings. Since you
know your two cards and the four on the board, there are 46 cards you
have not seen, 52 minus six. Out of those 46, six give you the win and
40 do not. This is an odds ratio of 40-to-6, which reduces to about
6.5-to-1. This means you need better than 6.5-to-1 pot odds to continue.
Although these are rough calculations, they still may be difficult
to make in a game. For this reason, you should have certain poker odds
committed to memory. The most important ones are as follows:
Your odds of flopping a set from a pocket pair are about 8-to-1.
Your odds of making a flush on the next card if you flop a four
flush are about 4-to-1, if you get to see both cards it is closer to
Your odds of making a straight on the next card if you are open-ended are around 5-to-1.
If you have four outs with one card to come you are roughly 11-to-1,
two outs and you are around 22-to-1, one out and you are 45-to-1. (That
one is easy. There are 46 cards in the deck and only one of them helps
you, the other 45 do not.)
In a no limit game, you'll also know how much to bet so that
opponents aren't getting the right odds to call to try to hit a draw (a
pot-sized bet or greater will usually do the trick if you're not sure).
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